Some optimism in case numbers in the US and Victoria this morning but its not reflected in the stock market yet. APRA tells the banks they can pay out dividends but suggests they retain a 50% payout ratio which means they will only be paying our 55-66% of their previous dividends until APRA give them the all clear. We talk today about the Results Season and how to handle it and we look forward to finding some individual stock ideas to break up this "All cash" stance.