NewsWare's Trade Talk: Monday, December 30

S&P Futures are trading lower and the trading range is tight as markets close in on the end of the year. The key economic report today is the pending new home sales data due out after the open. Tresury Sec Yellen says extraordinary measures to avoid default will start in min January. Former President Jimmy Carter died yesterday, markets to close on Thursday, Jan 9th. Shares of Boeing are being hit hard this morning after a plane crash in South Korea, the plane was a 2009, 737-800 jet and the landing gear appears not to have been deployed. European markets are mixed to lower Oil prices are flat to lower in the pre-market.