THURSDAY 10/30/14; Russian Ruble Collapse and Intervention; COP; K; MA; MO; Q3 GDP; European Indexes Recover Strongly Intraday; UTIL and IBB All-Time Record Highs; Former Fed Chairman Greenspan Says "Buy Gold"; SIP Outage; EMN; GPRO; LNKD; MHK; MYL; NEM; SBUX; YRCW; C Restates Earnings

Asian indexes are setting up positively except for Korean negatively impacted by a drop in Samsung profits. The NIKK trades +0.5% higher in the early going. The dollar/yen tags 109.00 driven higher by


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m the 1040  low to 1159, 119 points, +11.4%. The bullish sentiment remains in the markets wheCitigroup will have to set aside funds for the litigation costs, fines and fees coming in the future. Traders are concerned that other banks are going to be involved in the same mess.

The earnings season continues with 331 of the S&P 500 stocks reporting thus far (66% of the SPX stocks). 76% of the companies have come in above expectations, 6% meet and 18% miss expectations.