The Market On Tuesday

  Good morning. It is 51 degrees and cloudy here in Upstate NY. We are into a little bit of a rain pattern, must be related to April showers bringing May flowers. It's hard to believe but the lawn is approaching a level where the grass needs to be cut. Some have already been out there doing just that. I must say that about 3 months after my return to yoga I am feeling the benefits. The lower back is not quite so bad, the sense of internal physical stress is much lighter, I'm down about 10 pounds so the flexibility is decent, all in all I would highly recommend it if you do not already have a practice. In my opinion and it's just my opinion, I have not come across a better exercise for the aging body. Walking is still very good and so is swimming and biking but yoga hits all the spots and it's ability to help with flexibility is huge. There's almost no need to become stiff and rigid as we get older if we do yoga.

  At 7:40 a.m. E.T. futures are modestly lower and the price of oil per barrel is down. The market is poised to open lower.

  The DOW is buoyant and at record highs right now and according to Dr.Doom AKA economist Nouriel Roubini, we can ride a stock bubble for a few years - Dr. Doom: Buy stocks while you still can. The pattern of first quarter corporate results and economic news continues with several companies reporting today along with data on housing and consumer confidence. How it will all end at the closing bell is today's surprise waiting to happen. Later in the week the Fed will announce more on it's monetary policy and that is a big deal.

CNN: Stocks: Starting at record levels

The Case-Shiller 20-city home-price index is due at 9 a.m. ET, while the Conference Board's monthly consumer confidence index will be released at 10 a.m. ET.

...quarterly results are due before the opening bell from Pfizer...