The Market On Monday

Good morning. The weekend was fruitful, we worked on the old house and furthered the cause. This morning's walk found conditions to be foggy, damp, and cool. The garbage trucks were out early as well, they make very musical sounds. Its a lonely job at 6 a.m.

At 8:00 a.m. futures are moderately higher, the dollar is up, and oil is up - up, up, and up.

Third quarter corporate results are the order of the day and week. Mixed in there will be news on existing home sales, and who knows what else is going to arise.

It seems like a safe bet that the market will open higher.

One thing to note here, this morning's CNN article makes references to an improving job market. Watching the market over the past few years, I would have to say that this is job reference is an anomaly. Perhaps this trickle of a positive indicator is a beginning of a larger trend. Trying to be optimistic here, its my job.

CNN: Stocks set to open higher

Company results have exceeded expectations so far this season, and investors are looking for that trend to continue...


...the National Association for Business Economics said Monday that employment conditions improved in the third quarter to the highest level since the start of the 2008-2009 recession.


Oil for December delivery gained $1.04 to $82.73 a barrel.