 T F N N headline news update Welcome folks. We have the Dow industrials trading up 278. You get the Nasdaq up 105 S&Ps are up 33. That's about one point one one point two percent in the S&Ps One in the Dow industrials and one point three higher in the Nasdaq gold contract gold contract down $12 and 50 cents trading at 1485 an ounce. We have silver down 27 cents $17.44 an ounce light sweet crude off 79 cents $52.80 a barrel notes and bonds you get the 10 year down 14 ticks 129 24 30 year off full point six ticks 159 30 and you get King dollar King dollar down 147 ticks trading 98 307 the euro is at 110 the yen is at 108.85 and a pound is at 87 to one US dollar we get over and take a look at the S&Ps folks It's gonna be pretty cool coming into the next 60 minutes because what you have out here is that you had the banks kickoff earning season bottom line Numbers what were good basically Most of the banks are up Goldman was down now that came all the way back that being said in this S&P Let me tell you something. This is anemic volume like in spades. The real question is going to be is the spy Gonna be able to hold 298 74 coming into the close because what you have is this Last Friday bottom line. You had a good day and wide price spread. It's had some decent volume You were up with 101 million shares. We've only done 31 million shares 31 million right now is going into the down draft from August 1st with a hundred and 42 million So you are talking not only a contraction of volume, but you're talking about a substantial contraction of volume We'll see if they hold price and they come in if they hold price Guess what you can go higher. You don't hold price. Guess what it's gonna have a failure and the x100 now That's gonna look like it's gonna hold price because you're so much further over your arm almost up You are a point over the highs of Friday highs of Friday was one ninety two sixty three were at nine 193 69 that being said dying on the vine man You'll come in at the sixty three million shares and we've only done 17 million Small caps we take a look at the small caps out here what you have but the small caps Which are continue to be the weakest end to see the small caps look like they've already failed so this is gonna be It's not divergence, but bottom line. We'll see how the S&P holds up coming into their clothes 151 96 we got the 152 and small caps can't hold that 151 96 you're trading at 151 30 stay right there folks You can expect some volatility in the next 60 minutes as we close out this trading day Come right back