One Big 'Fluff' after another...this market is...and We open up and close up too...Take Your Profits...and buy a 'fluffernutter' : )
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09:00 ET: [BRIEFING.COM] S&P futures vs fair value: +4.9. Nasdaq futures vs fair value: +11.5. The futures market continues to advance, indicating a higher open for the cash market. The positive sentiment is supported by upgrades of the likes of HON and ALTR at Merrill Lynch, stronger than expected same store sales from retailers such as WMT, JWN, ANN, PSUN (to name a few), and upward guidance from the likes of PG and NOK. The Initial Claims report at 353K pointed to a continued stabilization in the job market. NYSE Adv/Dec 0/0... Nasdaq Adv/Dec 0/0.