1) The number of people applying for unemployment benefits dropped last week to its lowest level since April 2008 - that is very good news and shows the economy is not double dipping
2) Interesting commentary from Bill Gross, "Zero rates caused too many market distortions; Too late for Fed to correct" - by now we all should have been able to adapt to this market...
3) I was expecting a stronger bounce from Bank Of America (BAC) - still at 5.25 - curious to see how it performs today and tomorrow - maybe it will trade as high as 5.50 by Friday afternoon;
4) EURUSD testing 1.3000 again - I do not expect it to break lower decisively in the next few session;
5) Nymex Oil is trading slightly higher this morning - it should settle around this level for the week;
On a leisure note, I will share with you this fantastic Ferrari tie,
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