Friday, 22 November 2013

Pre-Market Brief

Good morning. Futures are a touch higher, sp +2pts, we're set to open at 1797. Metals are similarly a little higher, Gold +$3, with Oil +0.3%. Equity bulls look set to close the week in the sp'1800s..with likely further moderate gains next week.



Well, its the end of the week :) There is indeed little reason why the bulls won't be  able to hold things together, and achieve a weekly close in the 1800s,...along with dow 16k.

All that is missing...Nasdaq comp' 4k.

Notable early mover: UAL, +2.4% @ $38

*I will be standing by to pick up an SLV (short) block this morning, and will be carefully watching the opening 30 minutes of trading.