Incorrect 1043

Not 1043 number is 1039.

That's the all important number on the S&P

Banks

The banks are technically breaking down here. They will definitely see lower prices.

1043

That's the magic number for the close. Bulls might be DEAD if we don't close above that number

Travel cancelled

Oh this weather looks dangerous so no travel. Well we traded down to 1050 on the S&P overnight and looks like a bouncey bouncey. The numbers for the employment look dim and I fear we will see more of the same for the next 4-6 quarters as firms are still laying off workers.
Will be watching the $ today of any signs of stability in the Euro zone.