Tuesday, 24 December 2013

Pre-Market Brief

Good morning. Futures are flat, we're set to open at sp'1827. Precious metals are mixed, with Gold +$2, and Oil +0.3%. Once the econ-data is out of the way by 10am, a very quiet and short day is ahead, with an early close at 1pm.



Well...we made it to Christmas eve..2013 ! Congrats everyone..for those that made it.

Durable Goods Orders: 3.5%, 'reasonable'..dare I say.

Early movers: TSLA +4%..  TWTR +2%.

DRYs has broken the big $4 threshold, shippers are most definitely..cruising higher.

9.37am... sp'1830s... with DRYs in the low $4s..and opening the door to 5-6.

*I have added to a LONG RIG position, from the 47.30s..still seeking the mid 50s..on the next wave higher.