Pre-Market Brief

Good morning. Those bears short from the Tuesday close will be annoyed. Overnight futures has swung from sp -8pts to +2pts, we're set to open around 1390. Today will likely be very quiet, giving the algo-bots the opportunity to melt this market into the 1390s for thanksgiving.


sp'60min

sp'daily5

Summary

So, a quiet day is ahead of us. I don't think we'll break into the 1400s today, thats far more likely for Friday, once the media get hysterical about black Friday retail sales.

Just watching Santelli and Liesman on clown network...always amusing.

*two pieces of econ-data around 10am, although I'd guess the market will rally on regardless.

Good wishes