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Expecting a Quiet Friday, Though Remember Today is Options Expiration

Morning Notes

-       Mixed action in overseas markets

-       Fairly quiet in the o/n, no huge moves to the up or down side

-       China’s central bank raised reserve requirements (after their close)

-       Dollar down this morning

-       Commodities up, but have pulled in since and are down now along with the dollar

-       Better than expected earnings out of DELL last night

-       Still, S&P futures are down small in the pre after yesterday’s strong rally

-       Options expiration today so might see some vol

-       Note that there are no economic data releases scheduled for today

-       Expecting fairly quiet day overall

Disclosure: none