Quiet Day

Pre-holiday trading will set in, although you will have the options expiration related chop in the first hour.  GOOG took a little hit in after hours but its already starting to come back from that.  The earnings expectations have been lowered quite a bit, and will be easy to beat.

One explanation for a drop in continuing claims recently is the drop in unemployment benefits for the long term unemployed.  There is no need to continue to make jobless claims if you can't get any money for it.

Barring any extreme moves, will wait for next week to put on any new positions.