Pre-Market Brief

Good morning. Futures are moderately higher, sp +6pts, we're set to open at 2008. Metals are weak, Gold -$3. Energy prices are rising, Nat' gas +2.0%, whilst Oil is +0.4%. With Yellen due on Wednesday, the equity bears are fast running out of time.


sp'daily5

Summary

So.. we're set to open a little higher, but really, its nothing significant, and with still a few days until the FOMC, there is high chance of another wave lower, late today... or tomorrow.

In either case.. the FOMC clock is ticking, and we're getting real close to a key turn.. with much higher levels due into next year.

Notable early weakness, GDX -1.6%.. with a likely down week for Gold.. esp' post FOMC.

Strength: TWTR +2.4%

--
Update from Oscar


--
Have a good week