Pre-Market Brief

Good morning. Futures are flat, we're set to open at sp'2066, a mere 9pts (0.4%) from the recent historic high. Despite the USD +0.2%, the Metals are bouncing, Gold +$6, whilst Oil is flat. Nat' gas remains weak, -1.5%.


sp'60min

Summary

*ADP jobs: 208k, 'reasonable'
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So.. we're set for a relatively muted opening. However, there is a lot more data to come.. along with the fed beige book at 2pm.

I realise the bear flag is 'borderline' at best... and with the Dow breaking a new historic high (if marginal) yesterday, the equity bull maniacs are clearly in full control of the short, mid, and long term trends.

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Doom chatter with Hunter... and Mr 'Shadowstats' Williams


As ever.. make of that... what you will.
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Have a good Wednesday