Today should be an interesting day today with our buddies Ben Bernanke and tax cheat Tim Geithner speaking at 9:30am and 9:10 respectively, along with the weekly Jobless Claims at 8:30am, which will act as prelude to the unemployment number coming out tomorrow. Also be aware of the Productivity and Costs at 8:30am.

I am all cash this morning and will be a spectator today for the most part. I’ve provided you with two trade setups below. Have at it and happy trading.

Here are today’s trade setups…

LONG: MGM Mirage (MGM)

Click Here to See the Short Setup.

SHORT: ENI S.P.A (E)

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