Futures Higher

• Posted by UpsideTrader
• on January 6th, 2009

Oil is back over $50 so far this morning and there’s a full slate of data due for release today, with November factory orders, the Institute of Supply Management’s non-manufacturing index for December, and November pending sales all due at around 10 a.m. Eastern. And don’t forget we have the all important unemployment number on Friday. Also scheduled for release, at 2 p.m., are minutes from the last meeting of the Federal Reserve’s interest-rate setting committee.

Earnings are around the corner and unemployment is on deck so flexibility is key here. Good luck today.

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