Amidst the jumpy markets these past few weeks, it's time to focus on earnings to get a sense of things again.
Earnings reports from the financial services group like Goldman Sachs on Tuesday, Lehman Brothers Holdings Inc. on Wednesday; and Bear Stearns Cos. Inc. on Thursday.
Goldman Sachs's first-quarter profit is suppose to be $4.84 a share. They closed $201.70 on Friday, keep your eye on their price movement as investors reaction should somewhat tell what to expect. They traded a 52-week range of $136.79 to $222.75.
Lehman Brothers' first-quarter profit is suppose to be $1.94 a share. They closed at $75.83 on Friday too, but I expect Goldman Sachs to have a pretty good impact on their share prices. Their 52-week range is at $58.37 to $86.18.
Bear Stearns' first-quarter profit is suppose to be $3.80 a share. Same story for this one, $151.98 closed on Friday, and their 52-week range is $120.10 to $172.61.
Outside financial services, General Motors Corp. is reporting next week - their fourth-quarter results. Earnings is expected to be at a profit of $1.19 a share.