The Market On Friday

Good morning and welcome to the weekend. It is 42 degrees and sunny here in Upstate NY though the forecast is calling for rain. I missed the wedding, I am in the does not really care all that much crowd, but I do understand how a younger generation might find interest. I must say the bride looked especially gorgeous. She's a beautiful young woman indeed.

At 7:40 a.m. futures are slightly up, the dollar is down across the board, and oil is slightly down.

Investors are still looking at Q1 reports with Chevron, Caterpillar, and Merck on deck. In addition investors will be looking at data on how we ingrate consumers are holding up, are we saving money or are we throwing it around. Most are throwing it into their gas tanks and seem quite willing to blame $4 gas on Obama. The price of gas could very well elect our next president, so be it. You can't extract willful stupidity.

CNN: Stocks headed for mixed start

Before the start of trading, investors will digest data on personal income and spending.


On Friday, the London Stock Exchange was closed for the royal wedding.


Oil for June delivery slipped 15 cents to $112.70 a barrel.