Santa's CPI

Good morning. Premarket futures indicate we'll be setting new highs at the open following the release of the CPI. The inflation-friendly report will certainly help solidify the mindset that the FOMC is done, if not positioned to lower rates next year.

Amid this morning's movers, notable premarket gainers are ZVUE, NYNY, ADBE, AMGN, IMOS, GSIC, ENCY, GOAM, PTIE, GENZ, SWKS, NUAN, STEC, CIEN, GOAM, and RBAK. Premarket losers are GBCI, ZOLT, BDK, TECD, OMRI, and CNLG. Following yesterday's performance and this morning's open, expect the chatter of a Santa Clause rally to pick up.

Have a good Friday.