THE OPEN

Dow up as GS,BA,JNJ, TRV up nicely early.

FINANCIALS also working this morning. They have been sitting tight recently.

Not a lot to add. Still…not an inch of pulling in. Not an inch of sellers…except a few weak areas like utilities and real estate.

And lastly…Tim Hortons reduces employee benefits because of minimum wage hikes. Visa raises employee benefits because of tax cut. GET THE HINT.