Third Quarter Results Round 3

We are into the middle of the third quarter corporate earnings reports.

This week many corporations that make products directly consumed by us, or at least many of us, are in the spotlight.

We are talking Coca Cola, Apple, McDonald's, and Microsoft. You get the picture.

Also, a few banks will be producing results and this information will give us a better picture of the commercial real estate world. Recall that many are or were predicting continuing and serious problems in this sector with scads of foreclosures and property value loss.

Reuters: Wall St Week Ahead: Earnings blitz to test market's mettle

"As we get into some of the little, bumpier earnings releases you're going to have some headline risk and a little bit of selling pressure."

"You're going to hear a lot about commercial real estate, with a lot of regional banks reporting their earnings..."