This could get ugly. Another month, another 600k+ jobs expected to be lost. This would mark the 16th straight month of job losses, just one month short of the longest streak in history.

Tomorrow night after the market closes Google will report their 2009 first-quarter earnings. Looking at the estimates, it almost seems as if the market is doing everything possible to help Google beat estimates. But has the bar been lowered enough? Let’s take a look.

This promises to be a very busy week with a full calendar of economic reports and earnings announcements, so let’s dive right in and highlight some of the more important ones.

Has the housing market hit an absolute bottom yet? Perhaps, but probably not. But there are at least indications however that things could start turning around.

The calendar is noticeably lighter this week, but after all the critical reports last week, it is a nice breather.

Being a writer in the financial industry means that your words often come back to haunt you.

A quick glance at the calendar this week and an instant case of nausea should set in. The week is not only overloaded with reports, but only a few are expected to show improvement.

The market is testing a critical support point. The previous low closing price of the Dow was 7,552.29 on November 20, 2008. As of this writing, the market was trading at 7586.69, down 263 points on the day.

With the markets closed today in observation of President’s Day, we can take a little while to clear our heads. We will need it, since the next four days are chocked full of reports.