(CNBC) If there’s more bad news from retailers in the coming week, that could be a negative catalyst for an already cranky stock market. Market pros are watching for more signs that stocks could be bottoming, though strategists say that is a tricky prospect and there could be false signals. The S&P 500, on an intraday basis Friday, broke through its prior low to reach bear market levels – trading more than 20% below its record high reached in January. But it did not close there. Instead, it reversed the day’s steep losses and ended the day just slightly positive.
Stocks head for another potentially treacherous week, as a slew of retailers report earnings
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