S&Ps

There is a gap that we are into from 39.50 to 823. The daily ema is 812.Vix and ticks were down all day yesterday. I rend to wait till market is open for half an hour to see if a trend develops. GS was downgraded by JPM this am after selling 40 million shares at 23. Futues have been unchanged to dwn 7 handles. Visa upgraded by RBC Capital to top pick.Cpi 8:30 Empire State Manufacturing 8:30 .Industrrial Production at 9:15 .Housing Market Indwx at 1:00. Biege Book at 2:00. There a lot of numbers to move mkt today. Trade with conviction and be patient. Apple extended medium term. Good Luck. regards, Frank