Pulse

The DOW is flirting with 11K. Understandably that is a key number. In my mind its amazing that the market is this high. I would suspect many eyes are watching to see what will be the key element that propels the DOW over 11K. Will the market withdraw until first quarter reports...

The EU is still having insolvency issues. This is a reoccurring problem. Each week we read that Greece is out of the hot water and that a resolution is now complete, maybe this time it will stick. Other European countries are facing insolvency issues as well. Its a big deal.

Oil is fluctuating between $79 and $82 per barrel. Right now its in the $80 per barrel range. Its been stable.

The GDP was revised down for the fourth quarter, from 5.9% to 5.6%. Either way that is a huge number. Still the country is in a massive unemployment deficit. Banks are tightening some of the credit screws. Its an irritable time. Hang on to your dough.

Reuters: Oil falls to $80 as U.S. revises GDP down

The U.S. economy expanded at a 5.6 percent annual rate instead of the 5.9 percent originally estimated...


U.S. crude for May delivery settled at $80.00 per barrel, down 53 cents...


...euro zone leaders agreed on a safety net for Greece, but the plan did not alleviate longer-term worries about fiscally vulnerable economies in the region.


U.S. consumer sentiment ended unchanged in March from February, with high unemployment and tougher credit standards hanging over the consumer...

CNN: Thousands to lose jobless benefits April 5

Extended jobless benefits will run out for at least 212,000 Americans out of work after April 5...


Republicans - in particular, Sen. Tom Coburn, R-Okla. - are balking at extending benefits without finding a pot of money to offset the spending. Extending benefits costs about $10 billion a month.