Good morning. It is 41 degrees and mostly sunny this morning here in Upstate NY. We hit the 70 degree mark yesterday and everybody appreciated the physical freedom warmer temperatures bring. It's been a very long winter here. I perused the news on TV last night and it is as you know dominated by the Boston bombing. It's about where did they learn how make bombs, what the parents think, what the right thinks, what the charges imply, reopening the scenes of the atrocities to visitors, shrines and rally for the victims, how the victims are recovering, and more. The Knicks will play the Boston Celtics in Boston this Friday. It will be the first time the Celtics have played in Boston since the bombing. People are expecting an outpouring of emotion as the people of Boston rally around their team. The bombing has accentuated a sense of pride for the people of Boston. That is the upside.
At 7:40 a.m. E.T. futures are modestly higher, the price of oil per barrel is up, and the dollar is down. The market is poised to open higher.
The morning's investment reports are brief. The day is once again expected to be about corporate first quarter results. As the DOW remains above 14,500 we are still in a period of amazing fluidity in the stock market.
CNN:
Stocks: Bracing for more earnings
...earnings took center stage.
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