The industrials were led by the transports yesterday on back of FDX’s higher guidance in the premarket. The S&P Transports closed up +2.40%.

            SOA reported 0.05 better on better revs last night. Conference call is at 10:00am this morning. DD which is trading up about 3% this am beat by 23 cents this am and raised their full year guidance to 2.90-3.05/sh ex. Reuters was at 2.64. WSJ has an article that is positive on some of the agricultural equipment and supply input stocks. JPMorgan is also positive on domestic producers of fertilizers, seeds, and crop chemicals after the USDA WASDE report came out last night after the bell.

            SSCC was added to short term buy list at Deutsche Bank. TIN is expect to report numbers this am as well.