One might suspect that today's market numbers will be the result of a tension between a sentiment to keep '09's rally going, oil being up, the weekly jobless claims report, and the fact that trading will be light and extra volatile.
We've had a relatively calm market all week, maybe recent history will help produce the same for today.
Recall how it was one short year ago. Everybody was worried sick about their investments if they had investments and the picture coming out was one of an economy on the brink of complete collapse. There has been improvement. We are in better shape.
CNN: Stocks set for early gain
The government's weekly jobless claims report is due before the market opens.Reuters: Stock futures edge up as '09 ends, jobless data on tap
"For most people 2009 was the recovery from the abyss. We entered the year at amazingly pessimistic levels and with some very, very serious challenges toward keeping the financial system going."
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