The Market On Tuesday

European banks are posting very sour losses. Futures are down but in recent weeks this has not been an indicator of the market's direction for the entire day. It could recover after a weak start, or it could tank from the start without letup, etc. etc.

It will be interesting to see what happens when Obama takes the oath. Have one eye on the oath and another on the DOW.

Reuters: Stock futures point lower

..as Obama is inaugurated...financial markets will be all ears for hints on economic policy plans from the new president and his team.