Crude Higher, So are Stocks

Futures slightly higher despite another $2 bump up in crude.  The market is amazingly resilient, even as Europe lags and Asia ex China underperform.  As I have repeated before, the US will be the last to fall among world equities, not because it has the best economic prospects, but it has the easiest monetary policy.  Don't confuse asset inflation via easy money with organic real GDP growth.  Expecting some oscillations early in the day to give way to selling in the 2nd half of the day.  A retest of 1306 support and gap fill is in the cards.