The market was fairly quiet overnight. The S&P 500 Index is back in the comfort zone. It will continue to be in a sideways, neutral zone until it decides to close either above 1400 or below 1260. Today's range should be substantially smaller than yesterday's range.
Bernanke speaks before the Senate Banking Committee today, and Seante Finance Committee tomorrow.
Factory Orders at 1000 ET
Petroleum Status at 1030 ET
Employment Situation Report on Friday 0830 ET
Charles
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