Yes, I believe that contrary to the popular rhetoric, most recent moves by the Obama administrationare directly responsible for the latest slump in equities... Just when it seemed as the market has stabilized- two nuclear bombs have been dropped that sent indices tot the new lows.

Yesterday it was healthcare and large multinationals, today defense and oil and gas... Not sure what to expect next. Pretty much every sector has been hammered so take your own pick :) I am thinking industrials are a good target as soon as GM and Chrysler are pushed into bankruptcy...

Don't even know what to say, I was hopeful but most recent moves by Obama and Co are scaring the hell out of me...

He needs to replay this video several times- source -Bespoke...

Stay safe out there if you can. It is not an easy thing to do, that's for sure...

Below are the charts from Finviz on healthcare and defense...