Upside movers in premarket trading are DRRX, DGIN, SNPS, HEPH, APTM, HOTT, MEDX, LTXX, ORCT, PSUN, BEAS, and ECMV. Downside movers are SCSS, RNIN, ZOLT, TIVO, BEBE, NPSN, CTDC, ARNA, GYMB, TGEN, and RYAAY. Premarket indications point to a relatively flat open and the help wanted index and NAPM-Chicago reports will be released at 10:AM.
The S&P 500 has risen +1.6% in November and is currently headed toward its sixth straight monthly gain which is the longest stretch of advances since August 2003. In addition, according to Stock Trader's Almanac, there have only been four down Decembers in the last 14 midterm election years. While the last trading day of November tends to be a weak one historically, December usually starts off strong. While historical tendencies have been useless tells this year, that certainly won't stop folks from being aware of them. Have a good one!
-- Kirk Report
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