Flood of Earnings

Next week will be the main week of earnings this season, with INTC, AMZN, IBM, etc. coming up.  After the selloffs in AA, JPM, GOOG, and BAC, the decreased earnings expectations and skittishness ahead of earnings is palpable.  I don't expect a selloff on big boys' earnings next week.  We should have a relief rally as these earnings come in and don't disappoint.  This week cleared out the weak hands.  Next week will bring back the underinvested who sold ahead of earnings.