Just Trying to Catch Up

There's a lot going on in the world today and recently. The Egyptian Crisis threatens to block the Suez Canal as reports are coming in that the police/military are refusing to crack down on protestors and the police station there at Suez has been taken over. There's about to be another round of violence in Europe, specifically Albania where 3 were killed in last week's protest, another protest to commemorate their deaths is already in the works.

Here at home Jobless claims hit an amazingly high print (don't be surprised if that's the reason we saw such a week 3C showing in the market yesterday-I even said yesterday that it may be coming from a surprise to come). And Durables came in showing strong signs of inflation. I'm looking forward to the U6 unemployment rate from the BLS.

There's food riots breaking out everywhere in the world it seems. The Baltic Dry Index is falling apart, Japan was downgraded.... And the market, well it just keep whistling past the graveyard.

There will be some updates soon, I'm trying to sort out as much information as possible. I'm not trying to be an alarmist, but certain events will effect the market, trying to sort out which ones and how/where is important.