Jobless claims rose to 853k this week, way above expectation; 716k. With little to no progress on the stimulus package the futures and major indexes are in reds this morning. Although the market is sizably over priced, it seems investors are not concerned at all. There are new analysis showing that the market could keep the bull position for a while after this massive return from the fall we saw in Mar. However, in the short term and specially after the stimulus package is released, if there is no more signs of propping-up the market, we could see a moderate sell off.