The Market On Wednesday

Good morning. It is warm, gray, and drizzly in Upstate NY this a.m. WikiLeaks is all the rage. I see the owner is now on the Interpol most wanted list. Listening to the local NPR station yesterday, the WikiLeaks cables were hotly discussed. I like what Chomsky had to say about it. He said they demonstrate how much the leaders of this country detest democracy.

At 8:30 a.m. futures are off the hook and over the rainbow, the dollar is mixed, and oil is significantly up per barrel.

Its going to be safe to say that the market will open with an upward burst.

I also just read were some 91,000 jobs were added in the private sector for November. That is an improvement.

One suspects that the mildly improving economy will jostle with the European Union's fiduciary problems over the next period.

For the moment the market is on the upswing, but that is literally this moment.

CNN: Stocks poised for early gains

"The markets have continued to factor in this gradual slow recovery..."


Spain is the next weakest link the European Union.


After the opening bell, the Institute of Supply Management will release its manufacturing index for November.


Oil for January delivery jumped $1.46 to $85.57 a barrel.