PRE MARKET GLANCE

Major market index futures are trading near flat with Friday's closing price after gapping up yesterday and early this morning. Apparently the markets sold off on the New York State Empire index which came in at 9.1 vs 20 consensus.

Crude is trading back down to the $52.25 level after slipping under the $52 area earlier.

On the wires, SYMC is trading down 8% on crummy numbers; MRVC is trading up 13% after gapping up Friday after the close on Cramer's recommendation; GES target has been raised $80 from $70 at Brean Murray; and LVLT is downgraded to a sell at Janco.

Barron's had its roundtable part 1 had one recommendation that looked interesting, BRNC. It is down more than 50% from its highs and appears to be selling at a cheap multiple and a very cheap price to book value ratio.