(As of 8:05 am pacific)
Housing starts jumped significantly although sales were
down.  Gold is down slightly, oil up
slightly and interest rates are down slightly.  
It looks like a positive day today as positive economic reports trump
Spanish yield worries.  Greece is
stabilizing.  Microsoft introduced a new
tablet to rival Apple’s Ipad.  Profit
reports were mixed, with FedEx and Discovery down and Oracle beating estimates
handily.   The dollar is down against all
other currencies.