








Stocks in the coming week will start to navigate a mine field of fourth quarter earnings reports and economic data, none of which is expected to be good.
The Dow fell on Friday after government data showed the labor market deteriorated further in December, raising investor concerns about the outlook for profits and a deepening recession.
Despite of the Dow crossing over 9,000 on Tuesday, the markets all settled down about 4% or greater for the week. Crude oil dipped below $40 per barrel for the first time in 2009 following the weak jobs report.
As I have spent the last two weeks preparing for the Detroit Auto Show, which starts this Sunday, it's become clearer than ever to me the electric car is coming and coming fast.