* MARKET THEMES FOR THURSDAY: Early rally was unable to sustain and market traded mostly in range fashion following yesterday's weakness and afternoon recovery. That places us in a short-term range defined by Wednesday's low and the recent highs. If we are unable to take out today's highs in early trade tomorrow, I would expect a test of those lows. While we've had a bounce, that has not changed the market's downward short/intermediate term trend. Market wrap here.
* OVERSEAS/OVERNIGHT NUMBERS: 12:00 M CT - Japan, consumer confidence; 1:45 AM CT - France, industrial production, balance of payments; 3:00 AM CT - Italy, industrial production; 3:30 AM CT - UK, producer prices; 5:00 AM CT - France, unemployment; 6:00 AM CT - Canada, jobs reports; 7:30 AM CT - Canada, housing prices, trade balances.
* WORTH READING:
-- Chrome a game changer?
-- Commercial real estate as a time bomb;
-- Farming as an investment;
-- Upper income consumers are cutting back;
-- Relative sector performance, increasing bearish sentiment, and more links to like;
-- Buffett advocates a second stimulus.