Monday 23 December 2013

Pre-Market Brief

Good morning..and welcome to Christmas week!  Futures are moderately higher, sp +10pts, we're set to open around 1828..yet another historic new high. Metals are a touch higher. A quiet week..and short week ahead in market land.


sp'weekly'8


Summary

Well, it looks like we'll see the 1830s this morning. A weekly close in the 1840s is very probable..next week..if not even this week.
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There is no sig' QE until next year..not that it matters in my view right now.
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Notable early movers: AAPL +3.3%.   RIG +1.0%


9.15am.. market looks set to hold gains..with a probable close in the low 1830s. Little reason why the VIX won't close this week in the 12s.

After all...nothing looming until at least late Jan/early Feb.