Before the Open (Dec 29)

Good morning. Happy Wednesday.
The Asian/Pacific markets closed mostly up; Hong Kong and India gained more than 1%. Europe is currently mostly up, but there are no 1% winners. Futures here in the States point towards a flat-to-positive open for the cash market.
Canada is finally open for business…not sure if this is enough to bring a pulse to the market. There are 3 more trading days left this year. The consensus is for a continuation of the trend – or at least the absence of any meaningful pullback – until next year. The market is already setting itself up for a “release of pressure” come January. Many believe some sort of correction is inevitable, and I don’t entirely agree but when so many think one way, it rarely happens in a timely manner. Perhaps, contrary to many people’s beliefs, the market will surge up first to thoroughly frustrate the bears who have anticipated a pullback and piss off the bulls who badly want to buy a dip. Just thinking out loud.
That’s it for now. Don’t over trade.
headlines at Yahoo Finance
today’s upgrades/downgrades
this week’s Earnings Reports
this week’s Economic Numbers