Good morning. The market is set up for a positive day following yesterday's long overdue relief rally.

Better-than-expected earnings results (see JPM, KO, UTX, & NOK) and a some positive economic data in the form of stronger than expected housing starts and weekly jobless claims have provided a positive bias. In addition, traders are looking for some positive flow after yesterday's key reversal from the bottom of the trend channel.

Premarket gainers: FRE, HURN, BRL, YHOO, JPM, FNM, CATS,

Good morning. A mixed batch of earnings reports and another drop in oil prices are in focus this Friday morning. We have no fresh economic data to consider beyond earnings.

Premarket gainers: FNM, FRE, UAUA, C, MDVN, G, ACO, BRL, HON, COGO, SIRI, PNCL, WTS, CBST, SMA, SWKS, MAT, TPX, BCS,

Good morning. Premarket activity suggests that we'll see a positive day following a better than expected earnings report from Bank Of America (BAC) and news that Roche has offered to buy the rest of Genentech (DNA). Oil prices are also on the rise this morning.

Premarket gainers: DNA, BAC, FRE, FNM, CRNT, ANAD, NTES, WM, WB, MPEL, FLY, NOG, BCSI, COGO, KEY, FITB, Z

Good morning. We start another day with disappointment over the last batch of earnings reports.

As you probably already know, a number of well-known companies (including AXP, AAPL, WB among many others) either reported earnings that missed expectations and/or offered very disappointing guidance. In addition, many executives expressed extremely cautious comments about the economy and their business outlook for the rest of the year during their conference calls.

Premarket gainers: FDRY, STEI, DPZ,

Since the May 19th top in the S&P 500, you may find it of interest to see which ETFs have performed the best since:

Is it any wonder why there are efforts underway to make short selling more difficult?