P.T. Barnum has been credited with saying there’s a sucker born every minute. As I watch the early trading today I have to agree with him. So the ADP job figures were better than expected. So what? Oil is in decline which is a good thing, but the drop in crude is still not impacting gas prices in any meaningful way. The central issue is that the housing market is still a disaster, and unless there is some good news on this front this rally is just for suckers.