Monday’s Trading – 1/11/10

The SPX’s 200-month moving average is at 1156, which is also the top of the Box of Beer. That confluence should provide some sort of resistance.

Alcoa reports earnings after he bell.

It’s so cold in Miami that the Mango’s girls were wearing mittens yesterday. You have a lot of explaining to do, Mr. Gore. And look at these poor manatees, desperately clinging to one of the few remaining plants in our fabulous new factory-free landscape. Now that all of our factories are located in foreign lands, we have no means to beat back this wave of global cooling. And as Joe Sixpack heads to the unemployment office, he now has to dodge frozen iguanas falling from the trees.