“Don’t focus on making money; focus on protecting what you have.” -Paul Tudor Jones

  • DB -7.99%, ITUB -3.01%, BCS -5.37% European banks fear dragging down the market
  • DAX -3.30%
  • DJIA -177.92%, SPY -1.35%, IBB -3.17%
  • XLF -2.53%, GS- 4.61%, JPM -2.10%, BAC -5.25%
  • Crude oil -2.48% or at $30.13/bl, spot gold +2.75% or at 1,189.50
  • The week started out with European banks fear and worry on Deutsche Bank (DB) and gold continues to pop higher on “safe haven”
  • Shanghai market close for the week for Lunar New Year.

Economy calendar for 2/8

  • API crude oil stocks