Wednesday 3 September 2014

Pre-Market Brief

Good morning. Futures are moderately higher, sp +6pts, we're set to open at a new historic high of 2008. Precious metals are trying to bounce, Gold +$2. Oil is borderline sig' gains of 0.8%.


sp'daily5


Summary

*ADP jobs and EIA oil inventories are not due until tomorrow, because of the holiday.
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So, we're set to open a little higher, with new historic highs in the sp, and Trans.

Dow, NYSE Comp', look set to follow.

Early weakness: DAL, -4.2%, UAL, -1.8%... those declines seem somewhat huge, relative to the gain in Oil. 
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Today's doom video... Hunter with Holter



As ever.. make of that....what you will.
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Good wishes for Wednesday trading
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9.15am... sp +8pts.... so.. that is 2010.

Daily/weekly cycles offer 2030s....as early as tomorrow. VERY viable.