Tuesday, November 02, 2010

The Market On Tuesday

Good morning. Welcome to election Tuesday. Vote or don't vote, I don't care. Today the American public gets to demonstrate to the world how completely and utterly stupid, lackadaisical, and lazy we are. And boy we are. You could sell the American people virtually anything, anything. Its like some kind of amoeba that feeds on decay, rot, and garbage. I'll stop, I'm sorry, but not really...

At 8:30 a.m. futures are modestly up, the dollar is down, and oil is up again as it approaches $85 per barrel.

Wall Street is sending its nasty little message - vote the a-holes in and we will respond with a bonus day of gains. The a-holes you will recall like business. What does that mean? That means the series of events that brought us to the crisis of the Great Recession will soon be repeated. Hopefully this time it will wipe out the entire mess, and it just might. Also now its only a matter of time that Wall Street gets to play with all your social security money. Oh yeah that is going to really help.

CNN: Stocks headed higher at the open
With no major economic reports on the agenda Tuesday, investors will remain focused on the midterm Congressional elections and the Fed meeting.


Many on Wall Street expect Republicans to win the 39 seats needed to take control of the House.


A Republican majority could be perceived as pro-business and therefore give a boost to the market.


Oil futures for December delivery rose 44 cents to $83.39 a barrel.

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