Pre-Market Brief

Good morning. Futures are moderately higher, sp +4pts, we're set to open at 1841  - a mere 8pts from the historic high. Metals are similarly higher, Gold +$6, but still $35 below old broken support. Equity bulls look set to push into the 1850s by the Friday close.


sp'60min

Summary

*weekly jobless: 330k, a reasonable number I guess you could say, but the monthly data really needs to be coming in with net gains of 300-500k to really offer a genuine sign of economic recovery.
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So...a little higher to start the day, and again, for those expecting the 1700s in the near term...we'll pulling away from key support zone of 1810/00.

Indeed, I think it very viable now, that we won't break <1800 until the summer.
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notable early movers: UAL +2,4% in the $42s, a mere $6 from the historic high from 2007.