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Market under pressure

The market opened lower today and is under pressure slipping back into correction. As I expected, the earnings wasn’t very good so far: bank revenues lag, Google disappoints, and Consumer Sentiment falls from previous 76 to 66 points and that drags the market down. As of this morning the Dow was 10,199.39  -159.92  -1.54% Nasdaq 2,208.07  -41.01  -1.82% and S&P 500 1,077.47  -19.01  -1.73%. If the market closes with these losses today, I will change the status back to correction.

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