"Buy, buy, buy! Oh, everyone's buying? Then sell, sell, sell!"

— Al Czervik, “Caddyshack”

After being up as much as 154 points, a late day sell left the Dow up 96 points. Wednesday we watch the Fed.

Market Musings By CNBC Market Guru Robert Hum

The Word on the Street

ADOBE EARNINGS BEAT, BUT SHARES FALL ON GUIDANCE /Reuters w/ CNBC.com: “Adobe Systems , maker of Photoshop and Acrobat software, reported a quarterly profit that beat expectations but fell slightly, as costs rose 8 percent Shares fell in extended-hours trading after the company handed in disappointing guidance for the third quarter.”

DIMON: JPMORGAN DIDN'T MISLEAD INVESTORS /Reuters w/ CNBC.com: “JPMorgan Chase Jamie Dimon told lawmakers Tuesday his bank was upfront with investors about its multibillion-dollar trading loss, even as regulators investigate whether JPMorgan disguised a dramatic rise in risk-taking.”

JPM News & Analysis

 Giant of Shareholders, BlackRock Quietly Stirs - 18 May 2013 EDT

 Bloomberg Appoints Privacy Advisor Amid Scandal - 17 May 2013 EDT - CNBC.COM

 Adult Entertainer? No Loan for You... - 17 May 2013 EDT - CNBC.COM

 Six Questions Bloomberg LP Needs To Answer - 17 May 2013 EDT - CNBC.COM

 Big Data's First IPO Is a Big One - 17 May 2013 EDT - CNBC.COM

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