Friday, 29 November 2013

Pre-Market Brief

Good morning. Futures are slightly higher, sp +2pts, we're set to open around 1809. Metals are trying to jump, Gold +$14, Silver +1.2%. Equity bulls remain fully in control, and look set for further gains across next week.



A likely quiet day ahead.

No sig'QE, no econ-data..and not even any Fed people lurking out there.

Notable early mover: DRYS, +8% to 3.58....and I don't know why. Maybe the BDI is higher?

Naturally, if there was one store where the 'animals' would go crazy over electrical goods, it'd be the UK owned Walmart subsidiary... ASDA. It appears some of the UK retailers are trying to drive sales, even though we don't have the thanksgiving holiday.  - see BBC news.