There will be few market event statistics released today, the auto bailout is about to be behind us and there seems to be few corporate news catalysts; in other words, its a slow news day. And that may be just what the market needs. But without news the market must move within its own engine.
Early morning indicators point to everything opening higher. Gold, oil and equities show strong gains. Early equity futures indicate a Dow 130 point gain. To maintain the move, volume will have to be higher than recent days.
Gold may be worth a look. Especially the miners. GDX is a gold miner ETF.