[TwosComplement]

We are likely to see an increase at the open today. JP Morgan becomes third bank, recently to beat analyst estimates, with Investment Banking being the leader in increased profits, but the news has done little to boost the markets. It appears that the economic reports on employment and housing starts will be the main catalyst driving markets today.

Jobless claims came in less than expectations. This positive report should create some positive buying pressure. Before the open, it appears we can expect to see some gains today. If the trend continues, we can expect to see BVH, and VV finish higher today. However, the pre-market trading has been very volatile this morning, and this may be a warning of high risk for day traders today.

General Growth filed for bankruptcy being the largest Real Estate bankruptcy in US history. This news may bring down some real estate ETF’s today that have a focus on commercial real estate. Foreclosure filings jumped in March and will add to negative sentiment in real estate.