Put The Pressure On

Good morning. The market looks ready to press higher following yesterday's rally and positive reaction to the latest round of earnings reports. Moreover, there's not much on today's calendar with the exception of the release of the weekly petroleum inventory data at 10:30AM.

Premarket gainers are SUNW, YHOO, MDCO, CTXS, RFMD, EZPW, KFRC, HYSL, DSPG, IDTI, CNR, BIDU, GLW, KOMG, CHKP, GNVC, HIHO, NTLI, LVLT, ACGY, NICH, TRCR, and DMGI. Premarket losers are QLGC, PEIX, ESLR, HOKU, BRCD, AMD, and ATI.

The bulls gained back some respect yesterday so let's see if they can really put the pressure on the bears and those sitting on the sidelines. New highs in the Dow would help along with refreshed interest in the tech space. What we don't want to see is a failed rally based on this morning's sentiment. Trade well today!