DOW has down 125 points as market concern about more bad earning coming on the way. 

DOW JONES is currently below almost all the moving average from 200 to 10, which show very bad sign again, as this situation may worsen further if there is no good news coming up soon.

Attempt to break the support at 8400 is on the way and it may plunge below 8000 points within this week.

The aluminium giant -  Alcoa (AA) has posted more than expected loss for Q4 last year due to declining aluminium price. Alcoa is planning to cut the workforce of 13% or 13,500 by the end of the year to stay competitive. 

Aluminium price has continue to declined since July 08 peak of USD3000/tonne to USD1475/tonne currently.  

More Earning to watch: 

• Tue: Infosys (INFY), Linear Tech (LLTC) 
• Wed: Xilink Inc (XLNX) 
• Thur : Genetech (DNA) AMC, Intel (INTC) AMC, JPMorgan Chase (JPM) BMO 
• Fri : Johnson Control (JCI)