Pre-Market Brief

Good morning. Futures are moderately higher, sp +3pts, we're set to open at 1841. Metals are a touch weak, Gold -$4, whilst Oil is up 0.7%. Equity bulls merely require just a little follow through to the upside, to fully confirm 1815 was a near term floor.


sp'60min

Summary

Well, we're set to see at least a little follow through to the upside this morning, and with very heavy QE today, bears should be very concerned that we'll be breaking into the 1850s before the Friday close.
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Notable early movers: TSLA +4% @ 167, AAPL +1.5% @ 554


9.22am.. sp +5/6pts..we're set to break the 1842 high...and with the QE..1850s are viable today.

TSLA just keeps on building gains, +6%

Something else I just noticed.. BAC +2.7%.. I guess earnings were fine.


9.40am.. market pulling away...1815 WAS a floor....and 1850s look due.

TSLA has cleared old resistance..and looks set for new highs. Earnings in mid-Feb had better come in at least 'reasonable'.