I am expecting a flat, trendless session for today. Banks are under performing early on, reacting to the S&P Case Shiller Index. It seems inevitable that the housing double dip is upon us. S&P's Blitzer commented earlier today on home prices: "The feared double dip may be materializing."
Interesting notes so far in the session: Amazon (AMZN) is in rally mode and solar stocks are also outperforming the market. ReneSola Ltd. (ADR) (NYSE:SOL) is up 1.9%.
I will leave you with a fantastic Jay-Z`s live performance:
