Equity futures are trading higher this morning but well off their best levels- ES trading at 1082- and if equities opened here - the SPX would be near 1085- or about 10 points above Friday's cash close.
Looking at the picture - a nice intermediate bottom looks to have formed on the hammer of Feb 5.
Gold way up at $1,115 with resistance showing near $1,150.
The dollar down at 80.275 after bouncing from the 80.05 level earlier this morning.
JNK and HYG, both down over 7% from their January highs may be an interesting play here as they trade near their respective 200 SMA's - first time since May of 2009.
DR Brett on STOPS;
Kellner on the pork addiction;
Credit card charge offs jumping yet again;
Taliban top commander captured;
A surprising Dick Cheney on DONT ASK DONT TELL;
And now we know what Charlie was doing while he wasn't on the air;