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E to the ISM, D to the Drizzam

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The tape springs out of the gate as we've gotten through the pre-market session without any significant blows, and posturing is the order of the morning in front of the 10:00 economic release. Yes, it's early, and it's always hard to get a true feel for the tenor of the tape during the first half hour---particularly in front of a big number.

The breadth is more constructive on the big board (3:2) than it is in four-letter land, but again, all bets are off when the ISM hits in a few. Gotta hop, mon frere.

Good luck!

R.P

No positions in stocks mentioned


Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.

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