The Market On Monday

Good morning. It is 49 degrees, cloudy, and damp here in Upstate NY. I hope you had a fine holiday weekend and I truly hope you are all geared up for the royal wedding (I kid.) In spite of the cool temperatures leaves are starting to cautiously appear, the grass is greening up, and the annuals are popping up. They are ready to go all we need is that sunny 70s day to nail it down.

At 8:20 a.m. futures are moderately up, the dollar is mixed, and oil is up.

Barring some unknown turbulence the market is poised to rise at the opening bell. Investors are stoked to get those better than expected Q1 reports from lots of corporations this week. I would suspect energy corporations AKA oil companies are going to show great profits.

The market has been on a ride since March of 2009. People that invested in equities at that point have done well. There are many opinions out there on what to expect in the short term and we will try to keep our ears close to the ground to hear the warnings.

CNN: Stocks poised to continue rally

The last week in April brings earnings reports from nine Dow components and 180 members of the S&P 500...


...data on new home sales, released by the Census Bureau at 10 a.m. ET.


Oil for June delivery gained 41 cents to $112.70 a barrel.