Ding Ding Ding.. game over for this week. 

DJ 9321.40 -76.79 -0.82%
NAS 1985.52 -23.83 -1.19%
S&P500 1004.09 -8.64 -0.85%

Ok. The bears gave back some points at closing but overall, bears still won this week.

Two weeks ago, the weak consumer confidence report has no effect what so ever. Bulls still stampede.
Today, the same weak consumer confidence report scare the shit of the bulls. They retreated.

The way stocks being sold off early show how fragile and jittery we are at this level.
It clearly shows the market is already top heavy, getting ready to roll over. 

Oil stocks sold off big time today.. crude drops from 70 to 67.  May we see 60 next week? 

But, the banks remain resilient.  BAC upgraded C. 
IMO, it is absolutely ridiculous that a bank upgrades another bank.
Another evil govt PPT at work here.

It will be interesting to see how things will fare next week.