"what should you do to avoid being an idiot or a swine? Merely this: You should do something great, you should lay aside all the foolishness of a more of less long existence, you should become resigned to the fact that you will seem ridiculous to a race of janitors and bureaucrats if you are to enter the service of Splendor. Then you will know what it means to be the friend of God. The friend of God!"
Léon Bloy
13 April 2012
SP 500 and NDX Futures Daily Chart - Risk Off in the Wash and Rinse Cycle
Wells Fargo set record profits this morning and JPM beat the numbers.
Despite this stocks slumped giving back their gains from yesterday.
Citi reports before the bell on Monday and the Street is pessimistic.