Zings Of The Day (SPY)

The biggest news of the day was the death of Osama bin Laden, and how it affected U.S. equity markets (NYSE: SPY). bin Laden figured he would be hearing "Stairway to Heaven" after his death. He never figured he would really be hearing "Highway to Hell."

There is a bipartisan group of six senators trying to cut the federal deficit as markets become increasingly concerned over the U.S.'s ability to close the funding gap. So you mean maxing out your credit cards constantly isn't a good idea? Who knew?