Pre-Market Brief

Good morning. Futures are flat, the sp' is set to open at 2039. With the USD breaking new cycle highs of 88.20, the metals are sharply lower, Gold -$13. This is impacting the miners, the ETF of GDX -2.1%. Oil is a touch higher, +0.1%


sp'daily5

Summary

*retail sales, +0.3%.. a touch higher than expected.
--

So.. flat market, but with the USD on the rise, there is some downward pressure across ALL $ asset classes.

Interesting day ahead.

--
Update from Mr C.



Not surprisingly, Oscar is bullish... all the way to the sp'2100s.. and that target looks viable by year end.
--
Good wishes for Friday.