CALMING EFFECT

I have a feeling its going to be a fairly calm(boring) morning. The volatility should start at about 2:15 so rest up for the afternoon activity. So far, the internals are about 700 to the red side and the SPY is unchanged with the Small guys a bit lower. The Volatility Sisters as usual are unchanged.

The Sectors moving today include Oils (+1.5%) and Metals (-1.25%). The 10 year Bond is back up to 4.75% GS, the great short killer is up another 1.5 points and GOOG is up 4+. The Semi's are unchanged even as LEXR warned.

I also hear all the CNBC yammering about todays change at the Oval office as Card is out and Josh Bolten is in. Does anyone have any backtesting evidence on how a change of the White House Chief of Staff impacts the markets (lol).