When’s the last time we saw the stock market sell off hard merely because of some punk earnings reports? It happened yesterday, but I have my doubts that the plunge reflects a fundamental change in the way those who are paid to throw money at stocks think. Earnings should have become irrelevant to Wall Street by now, and I therefore expect stocks to continue higher when this presumably fleeting funk ends.  Just how much higher is an interesting question, one that I’ve tried to answer in the current E-Mini S&P tout. Check it out if you want to be alert when the next promising opportunity to get short arises.