Tuesday, December 21, 2010

The Market On Tuesday

Good morning. We are into the deepest darkest part of the year. The Sun is about to start its effervescent rise till mid June. Can you see June from here? I like it when its dark in the morning, I would trade more dark in the morning for more light in the afternoon. When I'm out walking in the morning its dark out and I like it. Too much cloud coverage around here to see the moon properly early this morning. I woke up around 3 a.m., looked out, and jumped right back into bed.

At 8:25 a.m. futures are modestly up, the dollar is mixed, and oil is down a penny. Oil is just below $90 per barrel again. It is leaning more towards $90 than $80 in recent weeks.

Trading volume is expected to be low with many investors looking into purchasing private islands in the Caribbean and wondering which impossibly expensive Italian sports car to buy. Such demanding choices, life can be so hard.

With president Obama's vicious assault on Social Security, peace and happiness are descending on Wall Street. Dollar signs have replaced candy canes. Mounds of gold and silver are raining down, its manna from you, you freaking ingrate.

CNN: Futures edge up ahead of the open
The three major indexes have risen to two-year highs during the last few weeks, since President Obama announced the compromise deal on the Bush-era tax rates.


Eurozone debt woes continue to brew for overseas investors.


There are no major economic reports on tap for Tuesday.

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