Next week is going to be dead quiet for economic news; Monday is a holiday, and Thursday is the only day with any meaningful reports, and even those aren’t that big a deal. And on Friday there’s absolutely nothing, which is pretty rare:
So it’s going to be earnings, earnings, earnings (for a welcome change). On Tuesday alone, among others, there’s AMD, BHI, CREE, DAL, HAL, IBM, JNJ, and XLNX. It continues to get busier, and then the week following is when the absolute cascade of earnings starts coming, including giants AAPL (the 27th) and GOOG (the 30th).
I’m shorter than ever at this point, with a commitment level of over 110%, and I intend to keep pushing that higher, assuming we can see some meaningful erosion!