This morning, the major stock indexes are catching a bid higher after yesterday’s bloodbath decline. The S&P 500 Index e-mini (ES U1) futures are trading higher by 18.50 points to 1129.75 per contract. The problems in Europe are still very serious. Germany is now trading lower this morning as the European Union is leaning on the only productive country to pay for the rest of the Euro-zone nation. The German DAX is trading lower by 1.50 percent this morning. Spain, Italy, and France have become too big to bail out in the eyes of many investors.
