With less than an hour left in trading...

On NYSE - KRY sp hanging in there. Looks like some profit taking on Volume of a touch more than 243k - not much compared to yesterday's 1.5M. Daily techs turned from yesterday's buying. 15min techs look not-so-good, and 60min are trying to maintain Bullishness. It matters not if you think techs matter with this stock, but there apparently are enough folks out there who are following suit, technical-wise, and keeping sp from falling back too hard. Should close at 0.3200 again.

S&P500 is doing well for the second straight day. Proprietary trading of investment banks still under scrutiny, but banks seem to be doing fairly well today. Most all of the Market is up, including the RecessProofers, so be aware. UPS sales down, so maybe yesterday's consumer spending is not so strong. Technicals for S&P and Dow see daily turning to Bullishness, 60min topping and trying to maintain Bullishness and 15min going to Bearishness. Some talk that pending homesales are stocking the Market, but I am more of the thinking that today's Gov meeting has much more to do with what is happening in the Market, for today and the near future. Crude popping big time today, following yesterday's gold pop. Stay diversified with yielders, and perform DD on your choices.

Gold having another up day, seeing some support overnight in London. Currently running just a touch below $1115.