Very quiet expiration for August stock options today.
Q2 GDP second estimate next Friday the 27th.
SP 500
The SP was under pressure all day, but there was a bump up in the afternoon to bring them back to the pivot point around 1070.
NDX
The NDX broke cleanly down out of the rising wedge, so there may be more work on the downside. Potential bear flag that we will have to watch. 
Heard on the Street
05/24/10 Goldman adds CME to its conviction buy list. Closing price $323.01
08/12/10 Goldman removes CME from the list. Closing price $249.39
What are the chances they were not on the other side of that?
