Friday, 5 July 2013

Pre-Market Brief

Good morning. Futures are sharply higher on better than expected jobs data. Sp +18pts, we're set to open in the low 1630s - busting key resistance. USD is sharply higher, and the Euro is in the 1.28s. Precious metals are getting smashed lower, Oil is in the $102s



Well, bears...failed. 

Next level is the sp'1660s, at which point we will be a mere 1% or so from the all time historic high.

Its white flag waving time.