Amidst welcome analysis from Bank of America that claims “the next big thing” in stimulus is going to be “massive” infrastructure investment, as well as other positive signs operating, markets tried to turn higher in slow trading today.

While Monday is not an “official” trading holiday, look for traders in New York to treat it as such. Junior crews will be working the desks while senior traders take a three-day weekend.

Some of the markets we are most concerned with (oil and the S&P500) started the day higher, then faltered on news of turmoil regarding the election of a new Speaker of the House in the U.S. Congress.