TPC -

• citigroup economic surprise index sends warning - http://pragcap.com/the-citigroup-economic-surprise-index-sends-a-warning. It shows how recent economic reports have been trending versus expectations
• Fed-Ex reduces earnings guidance, it is somewhat an indicator of overall health of economy. They cited higher fuel prices and bad weather.

QuantE

• SPY close above 5day ema for at least 10 days in a row, and today is the highest close of the last 10 days. ~avg .4% after 3 days