The Market On Tuesday

Good morning. It is warmer out, almost balmy, overcast, and damp. My walk was marvelous. Yesterday I got my laptop back from the Apple store. They did some repairs to the power port and put a new top on the computer. I am incredibly pleased. The computer which is 2.5 years old now looks brand f-ing new. The best part is that there was no charge. Incidentally the computer was fixed in less than 24 hours from when I brought it in. Apple is the best. Apple is the best. Sory, its the best.

At 8:15 futures are slightly down, the dollar is mixed, and oil is down. I would not say stocks will slip, I would say dip, or maybe wilt, perhaps tilt.

Investors are wondering what the political landscape will look like after the November election massacre. The country will have a new breed of chirpy no nothings guaranteed to add more poison to the sick patient. Don't get me started.

Along with that election ambient worry festering in the background, investors will be looking at numbers on housing prices, consumer confidence, and the ongoing third quarter corporate results. It is conceivable that the market could eventually rally today, on the other hand...

It all depends on the numbers and the emotion.

CNN: Stocks set to slide at open

A stronger-than-expected report on existing housing sales Monday helped propel stocks to 6-month highs.


...investors are nervous ahead of the Nov. 2 elections...


...an onslaught of reports, both corporate and economic.


Oil for November delivery slipped 5 cents to $82.47 a barrel.