Morning Call by Greg Secker

The DOW traded in a tight trading range yesterday ending the session down 20 points. The S&P500 broke the 1400 level but could not hold on to the gains ending down 1 point, the NASDAQ closed up 1 point. The FTSE 100 broke the 6100 level in the morning but drifted lower during the session to close down 1 point and back below the 6100 level. Futures - DOW is called flat, FTSE is called up 5 points. Oil is trading at $118.48 a barrel and gold at $893.