Futures Pointing to a Flat to Lower Opening...

BMO – ES -1 and NQ -2 futures are slightly lower in pre-market trading pointing to a flat to slightly lower open. Jobles Claims will be out this morning at 8:30 am ET. If the report comes out better than the expected 535K, it may provide the catalyst for additional buying for the SPX to break through it 930 resistance and towards its 950 resistance area. If not this could be a consolidation day...Look for earnings later today from BAX, GE, GOOG, IBM and JPM...

Many stocks in ourt Watchlists are sitting near short term resistance similar to the SPX... Look at these Charts… (click image to enlarge) At the Open on Thursday SPY – QQQQ – FUQI – GMCR – SHLD – FAS – FAZ – ESRX JOYG – STT – X – AMZN – ADBE – AAPL – PCLN – BIDU – GES – NFLX – PWRD – ALGT – INFY – JOSB – PRU – URBN – ARO –