Morning Call by Traders University

The DOW fell back to the 12,900 level at the open where it bounced and traded higher for the rest of the session ending the day up 51 points. The S&P added 10 points and the NASDAQ added 19. The FTSE 100 traded lower for most of the session before putting in a rally at the close to end the session flat. Futures - DOW is called down 25 points, FTSE is called up 10 points. Oil continues to set new highs and is currently trading at $121.63 a barrel and gold at $878.60.