The Market On Monday

Good morning. It is cold and grayish here in Upstate NY this morning. I was out walking around the neighborhood at 5:30 a.m. A few joggers and dog walkers were out. Its a great time of the day, very still, and very dark.

At 8:00 a.m. futures are 'wow' high, the dollar is up, and oil is up.

As you know the market turns on a dime. Right now the turning is towards optimism. The term "strength of the recovery" will be the mantra for some time to come.

The market looks like it will open strong, after that...

CNN: Stocks poised to start year higher

"There's an overall optimism in the market and traders are going to be looking for more good economic data..."


The Institute for Supply Management's manufacturing index for December is due after the start of trading...


Oil for February delivery rose 80 cents to $92.18 a barrel.