Hello Everyone,

People who applied for unemployment benefits rose by 17,000 last week to 283k. They still remain under the 300k level for the 6th straight week, reflecting low level of layoffs in the economy.

VIX   9%  BELOW 10 ma          RSI  40.62   NEUTRAL

MARKET Trend: CORRECTION MODE

Put/Call ratio .74        Above 1.20 Bullish, Below .40 bearish.

USA Chicago Fed National Activity for Sept 0.47 vs 0.15 Est

USA Initial Jobless Claims for Oct 18 283.0K vs 281.0K

USA Continuing Claims for Oct 11 2.35M vs 2.38M Est

Earnings out today: AMZN,BMRN,ELY,CHKP,MSFT,OXY

Dow Futures: +139 points    Oil 81.04   +.52

Have a great trading day.