Tuesday, 7 August 2012

Pre-Market Brief

Good morning. Futures (for whatever reason) are sp+5pts..we're set to open around the 1400 level.




Looks like the bulls will get a moderate opening gap higher, and stop out all those bears in the 1400/05 level.

I would be very surprised if we can close higher today.

*we have consumer credit data late today at 3pm.

More across the day.