The Market On Tuesday

At 8:20 a.m. futures are slightly down, oil is down per barrel, and the dollar is mixed.

It would seem that the markets present sideways movement is the result of a push pull effect.

First quarter profits seem to be on track and in some cases better than expected, this is the push it forward activity.

On the other hand investors fear havoc in Europe with Greece's insolvency and they fear that there will be more merde against the fan with the SEC vs. Goldman issues, which by the way is a huge issue. This is the center of the recent recession and collapse of the economy. So its a big deal. Regardless this is the pull backward.

Hoping we get through today with at least more sideways than down. There are always surprises.

CNN: Stocks set for early retreat

U.S. markets finished little changed Monday as investors had difficulty finding momentum after pushing stocks higher for eight straight weeks.


On the economic front, investors will take in reports on home prices and consumer confidence.

Reuters: Stock futures off on Greece fears, Ford, Dupont top view

Dow component DuPont posted a first-quarter profit that beat expectations early Tuesday and raised its full-year profit view, sending its shares up 1.5 percent to $41.55 in premarket trading on light volume.


Ford Motor Co posted a profit that topped estimates and raised its 2010 outlook to "solid profits." The stock was down 1.1 percent to $14.30 pretrade.