Thursday 5 February 2015

Pre-Market Brief

Good morning. Futures have swung higher from overnight lows, sp +9pts, we're set to open around 2050. Metals are weak, Gold -$5. Oil is rebounding 1.6%, after heavy Wednesday declines.


sp'daily5


Summary

So... we're set to jump back above the 50dma again. If we break 2054 this morning.. the door opens for a key break >2064.... which would then likely lead to new historic highs... after two full months of chop.
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Notable early strength, TWTR +3.8% in the $42s... earnings due at the close of today.