Friday, 14 December 2012

Pre-Market Brief

Good morning. Futures are largely flat, the sp is set to open -1pt @ 1418. AAPL is a notable stock, in eearly trading, slipping $14, and is now a mere $15 from breaking the hugely psychological $500 level. The $ is a touch lower, metals are again a little weak, with Gold -$3




It would be 'useful' to see some follow through to the downside today.

Baring a stupid rumour about fiscal cliff resolution, this market should close at least a little lower.

Bears should be content with anything <1420, but a close <1410 would be very useful to set up next week.