Giants Give Profit ' a Pulse ' ?

From Bloomberg:

Goldman Sachs, JP Morgan and Intel may this quarter lead companies worldwide to the first profit increases in more than two years, ending the longest earnings recession on record.

Buoyed by finance and semiconductors, profits at the world’s biggest companies are projected to grow 63 percent in the final three months of 2009, snapping nine straight quarterly declines.

Anaylsts think profits Q4 earnings will more than double from a year ago. For the third quarter, the largest financial companies will likely report higher earnings than a year ago. Morgan Stanley is expected to post the first gain from continuing operations in a year, while Citi's operating loss is expected to shrink, according to analysts.

Analysts also expect Wal-Mart to post a 15 percent gain in fourth-quarter net income. Japan's three automakers may report lower earnings as a stronger yen offset gains from government incentives in the U.S., Europe and Japan.

So im just waiting to see if Dow could reach 10.000 till new year. But i think it will only try that last chance before second shock of markets.