Thursday, 6 March 2014

Pre-Market Brief

Good morning. Futures are moderately higher, sp +3pts, we're set to open at 1876, on the edge of breaking new historic highs. Metals are a little weak, Gold -$3. Equity bulls look set to continue clawing higher in the days ahead.



We do have some econ-data this morning, so...things could be a little choppy

Perhaps we'll just get a second day of consolidation, ahead of the big jobs data. As it is, a weekly close looks likely, at least in the 1870s...if not the 1880s.

Notable early mover: DRYS, +2.6% @ $4.25. There appears open air to $4.50 by the Friday close.

Update from Oscar