The Market On Wednesday

Welcome to September. Summer is still very strong and powerful here in upstate NY. We just had an extremely hot and humid type of day. It was hard to work yesterday, energy was sapped.

So begins September, statistically the worst month on Wall Street for investments.

At 7:50 a.m. stock futures are surprising up, plus the price of oil per barrel is up. If this holds the market will begin with a pop at 9 a.m.

Investors will be looking at data to see if the private sector added any jobs in August. They will be looking at spending on construction, manufacturing activity, and vehicle sales. All scenarios are on the table. Don't celebrate the September aberration just yet.

CNN: Stocks set to jump at open

Due before the opening bell is a report from payroll processing firm ADP.


After the start of trading, the Institute for Supply Management's (ISM) index of manufacturing is expected.


...the government is set to issue a report on construction spending.


Auto and truck sales are due throughout the day...


Oil futures for October delivery rose 65 cents to $72.57 a barrel.