The Market On Friday

At 7:50 a.m. futures are slightly up. I would call this the "Bernanke Bounce." The man is back for another four years.

We are pre- weekend poised. The weekend goes by so quickly. Then the week goes by so quickly. Then....

Nothing like a brisk and quick walk on a freezing cold January morning. As we get older the hamstrings just keep on tightening and tightening.

Regardless, at 8:30 a.m. this very morning the Gov. will release guess-estimate numbers on the fourth quarter GDP. How about that. Now I'm thinking, this may make or break the day even with the Bernanke Bounce.

CNN: Stocks set for early gains

A report on gross domestic product, the broadest measure of the nation's economic activity, is due out at 8:30 a.m...

President Obama is due to unveil a $33 billion package of tax credits on Friday. The plan is part of his vow to spur job creation.

Reuters: Stock futures higher after Microsoft, Amazon results

... one day after Microsoft Corp and Amazon.com Inc reported quarterly results that beat expectations. Microsoft, a Dow component, expects business technology spending to recover in 2010, while Amazon forecast strong 2010 revenue.