November Expiration Day

Good morning. Futures point lower again as the dollar continues to improve, overseas markets were down and Dell's disappointment set a negative bias.

As expected it is a slow news day, but some of the more noteworthy headlines include an expansion in the Fed's balance sheet, House panel OKs plan to open Fed policy to an audit and Greenspan & Volker step up to fight the measure, the Bank of Japan kept interest rates near zero and raised its economic assessment, calls for Treasury Secretary Timothy Geithner's resignation continue, Fed's Fisher sees need to break up big banks, problem mortgages hit new high at 14%, according to Pelosi any tax imposed on financial transactions must be international and Goldman Sachs shareholders are miffed at the record bonuses.

Read more of my premarket report.