Daily Wrap

DJIA -81.45 (-0.56%) to 14,537.14; S&P 500 -10.40 (-0.67%) to 1,541.61; NASDAQ -40.03 (-1.44%) to 2,741.95 Today was another strong down day but had more back and forth than previous sessions.  Stocks started the day slightly positive following up on an Unemployment claims number that wasn’t necessarily bullish but also and maybe more importantly wasn’t bearish and came in relatively inline with estimates.  Those early gains gave way and at the lows the S&P 500 cash index was down roughly 16 points.  Overall the action was not like previous sessions and it did feel as though the market is trying to set-up for…