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Tuesday, December 06, 2005

Turnaround Tuesday

Wallstreet_signs_10Good morning. After yesterday's consolidation, premarket futures indicate the bulls are ready to turn the ship around and push higher.

Oil prices are back below $60 per barrel this morning and investors like the better-than-anticipated productivity data as high productivity keeps wage-push inflation in check. There's also a lot of stock-specific news most of which seem to have a positive bias.

Like yesterday, I'll be looking for a couple of trades and I hope I'm more successful. I'm still battling the cold/flu bug but I've decided to just suck it up and work through it. Have a great day!

Posted by Kirk at 9:08 AM in Preview | Bookmark | Feeds | Link |


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