EARLY LOOK

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;