Pre-Market Brief

Good morning. Futures are moderately higher, sp +7pts, we're set to open at 1699/1700. Precious metals are a touch weak, AAPL is hgher by almost 5% ($20), on earnings. General upside continues sp'1710/20s look very likely.


sp'60min

SLV'15min

Summary

So, we're set to open on the border sp'1700, and it does look likely this morning. In theory, that should open up another 10/20pts by the end of this week.

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*On any basis the precious metals look a buy (along with GDX), again I am keep an eye on SLV (currently -16 cents), and will look to pick up a position early this morning.

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Notable movers.... VMW,  F,  and STX
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Oscar video...



Surprisingly, he is not in hyper-bullish mood today.


9.48am.. I'm LONG SLV, from 19.56.  seeking the 20s later today.

micro 5min cycle looks done.
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