Updated from Oct. 22Traders had better keep their seatbelts buckled, because the earnings roller coaster ride continues in the coming week. "We are seeing a huge divergence between the stocks that can and the stocks that can't," says Paul Mendelsohn, strategist at Windham Financial. "For every Caterpillar ( CAT) or Pfizer ( PFE) earnings implosion, we are getting fantastic results from companies like Google ( GOOG) with the ability to take the market back up." The earnings parade resumes on Monday with quarterly reports from Cendant ( CD), Johnson Controls ( JCI) and Texas Instruments ( TXN). Drugmakers Merck ( MRK) and Schering-Plough ( SGP) will try to avoid a repeat of last week's Pfizer blowup when they report earnings on Monday. On Tuesday, Internet players taking the stage include Akamai Technologies ( AKAM), Amazon.com ( AMZN) and Ameritrade ( AMTD). Defense giant Northrop Grumman ( NOC) also will be releasing results. The Thomson First Call mean earnings estimate for the company is 69 cents a share, down from the 80 cents a share the company earned a year earlier, on revenue of $7.6 billion. Wednesday's highlights include reports from Anheuser-Busch ( BUD), Callaway Golf ( ELY), ConocoPhillips ( COP) and Zimmer ( ZMH). Corning ( GLW) will also take the spotlight on Wednesday. Analysts are looking for the glassmaker to earn 21 cents a share, up from the company's earnings of 14 cents a share last year, on sales of $1.18 billion. The earnings frenzy reaches a crescendo Thursday with more than 500 public companies releasing results. Among the notable names on the docket are Exxon Mobil ( XOM), Microsoft ( MSFT), KLA-Tencor ( KLAC), MetLife ( MET) and Sony ( SNE). Also reporting on Thursday will be AutoNation ( AN), Cinergy ( CIN) and Raytheon ( RTN). Things cool down a bit on Friday, but there should still be some action following earnings announcements from the likes of Archer Daniels Midland ( ADM), Avon ( AVP) and Overstock.com ( OSTK). Chevron ( CVX) also will post its results Friday. Analysts expect the oil giant to earn $1.92 a share, up from $1.28 last year, on revenue of $55.5 billion. Yes, that's billion with a "b."