… from John Carter’s Simpler Trading, Special Report, a free service:Stocks futures are pointing to small losses early (have been paring losses), on what is expected to be a light volume day ahead of the 3-day holiday weekend in the U.S. (closed for Independence Day Monday). Stocks are modestly paring gains after surging Thursday to end June with its best 3-day gain in 4 months (3 consecutive days of 200+ point gains for the Dow Industrials), and nearly erasing all of the post Brexit related losses. Defensive assets are surging again this morning, with gold up over 1% (silver up over 2.5% and near best levels in 2-years), while bonds extend recent gains, pushing the 10-year yield down to fresh 4-year lows of 1.40%.

Trade safely, or turn off your computer, buy fireworks and enjoy the weekend, which is what I’m doing at the beach!