Weekend Reading

01/14/07 - 02:51 PM EST

Paul Kedrosky

Good Sunday morning, and welcome to Weekend Reading. As always, here are some articles and papers worth reading. First, however, a look back at the week that just finished, and a look forward to the week ahead.

It was an upbeat week on the major markets, with all three major U.S. indices advancing. It has been a great start to 2007 for technology stocks. The Nasdaq Composite is already up almost 4% so far in 2007, and some individual technology stocks are doing much, much better. For example, ever-maligned Yahoo, a stock I have been mentioning favorably since late 2006 in my CNBC "On the Money" appearances, is up more than 15% so far in 2007. Click here for the weekly performance of the big indices.

Turning to economic indicators, next week's focus will be inflation. Both the producer price index and the consumer price index are scheduled for release; watch the core numbers. Other economic indicators next week include the Philadelphia Fed's index of business conditions, and the University of Michigan's first read on January consumer sentiment.

It will be quite an active week for earnings reports. Among others, we have Intel(INTC Quote - Cramer on INTC - Stock Picks), Citigroup(C Quote - Cramer on C - Stock Picks), Apple(AAPL Quote - Cramer on AAPL - Stock Picks), Motorola and J.P. Morgan Chase reporting. Intel's report, in particular, will be closely watched given the downbeat news last week from competitor AMD.

Finally, here are some articles and papers worth reading:

Editor's note: To access some of these stories, registration or a subscription may be required. Please check the individual links for the site's policy.

RealMoney Barometer Poll

1 What would best describe your stance heading into the coming week of trading?
Bullish
Bearish
Neutral
2 Which of these sectors do you think is set to move up in the coming week?
3 Which of these sectors do you think is set to move down in the coming week?


View the results without voting
At time of publication, Kedrosky was long YHOO, although holdings can change at any time.

Dr. Paul Kedrosky is a former highly ranked sell-side technology equity analyst, and he currently runs a technology finance institute at the University of California, San Diego. He is also a venture partner with Ventures West, an institutional venture capital firm with more than $400 million under management. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. While Kedrosky cannot provide investment advice or recommendations, he appreciates your feedback; click here to send him an email.

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