Considering that it's a bank holiday, there are no earnings and no economic numbers, Dell could be one of the few points of interest today.

Oil seems to be a tad off today, ... One of the reasons yesterday sold off so much was having that surge in oil. We're getting a little respite from that this morning.

I believe what we may see is a minor pullback due to a lack of fresh catalysts now that the Fed has already said what they said.

For the most part, Christmas is here and everyone is taking a well-deserved break, including Wall Street. Unless there's a significant deviation from expectations on the economic data, I'd be surprised if the market closed more than 30 points either way.

Crude is coming back into the spotlight and that's tied to the Iran situation.

IBM is going to have another negative effect in the broader market. It's a major stock.

If crude oil prices hit $60 a barrel, that's going to stir up old fears of higher energy prices and revive worries about their impact on consumer spending. The $60 dollar level is a key psychological barrier.

The jobs data should tip the scales one way or another.