Monday, 16 December 2013

Pre-Market Brief

Good morning. Futures have swung sharply higher from overnight lows, sp +9pts, we're set to open around 1784. Metals are a touch lower, whilst Oil +0.7%. With sig' QE today, equity bears face the usual problems.


sp'daily5


Summary

I realise, those who went to bed last night with futures of sp -9pts will be somewhat dismayed at the looming open of +9pts.

Personally, I just have to laugh...its not like we've not been through this a few hundred times already.
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Notable early movers: TWTR, -1.9%, but the general trend is still starkly higher.


9.37am... sp'1790s due...and those 1800s are back in range by tomorrow.

Bears...on the run!