FRIDAY BOUNCE?

Its been one of those weeks where the market has been on a slow rollover and we're under 10,000 on the dow this morning but futures pointing higher to start thanks to GDP coming in a little better ( or not as bad) as expectations. But while the dow was pushing lower yesterday MLPS pushed higher at the close and is sitting at around 320 to start the day. With no news drivers on the corporate side we continue to be at the mercy of the market to some degree. But 7 percent yields vs a 2 handle on the 10 year and the money keeps coming.

No upgrades or downgrades this morning. We have stock futures up 60 on the dow pre open. Oil is a little lower. Nat gas is flat and Euro markets are higher. So maybe we can manage an up close today as the second to last week of summer comes to an end. Next week we leave August and head into September. Not the kindest of months.