Primer on "What to look for" over the next weeks

The Common wisdom out there is that "earnings will come out, and it will Scare the Bejesus out of people".

Since 2006 we have had the opposite, where we sold off in anticipation of earnings.

All of this has to do with "Price risk" vs "Information risk"

It will be curious to me, to see what the "reaction" to earnings will be, As earnings come out, and information risk goes down, the observation will be if prices go up or down as the information risk is reduced.

Increased risk, tends to drive prices Down, and not up.

I presented the "idea" that the real price risk may be with the Materials stocks, Though Alcoa... did not Flush out my thesis. As it's price went up after dismal earnings.

The thing I'll be watching, over time is if the Early Recovery stocks, behave differentially than industrial and materials stocks.

These behavior patterns will be very telling in "Where we are" in the economic cycle