The Market On Tuesday

At 8:00 a.m. futures are ever so slightly up, the dollar is down, and the price of oil is slightly up.

One would think that the components are in place for the market to have a bounce today but...

Unfortunately the investor class is not focused on third quarter reports anymore or less so, they want cold hard data on the economy in general and they want that data to be extra sweet, and they want it now.

They want to know if you are buying more, if your house is worth anything, and if you are feeling consumer confident and fresh, you ingrate.

So do America a favor, grab a handful of credit cards, and go buy that $50,000 Lexus that you never wanted. And do it now before 9 a.m.

CNN: Stocks look to rebound

The Case-Shiller Home Price Index comes out at 9 a.m. ET. A price decline of 11.9% is forecast for August...

Shortly after U.S. markets open, research firm Conference Board releases its reading on consumer confidence. The index is expected to increase to 53.5, according to Briefing.com consensus, from 53.1 the prior month.