The Market On Tuesday

  Good morning. It is 62 degrees and overcast here in Upstate NY. The forecast has us going into the screeching 90s tomorrow, go figure as it's been somewhat cool and fall like as of late. We see the breaking news is that Syria has accepted the Russian proposal to allow their chemical weapons to go under international control, thus averting a humane bombing from the US. I think many of us are not convinced that this is by any means over but perhaps a little bit of time and space will create room for cooler minds to prevail, somehow. All this as we approach the anniversary of 9-11 too.

  At 8:10 a.m. ET futures are significantly higher and the price of oil per barrel is almost $2 lower. The market is poised to open higher while energy stocks might retreat, depending.

  A trifecta of positivity is hitting investors today: Apple will be releasing some new electronic toys, always a big deal. Syria is now on the back burner and the fears of a war with American involvement are lower. China is back on it's economic track with stronger reports and clearly there is a larger market for more Chinese manufactured goods (junk?) in the world. Think positively.

CNN: Stocks head for gains ahead of Apple event

...expectations the company (Apple) will release the next generation of iPhones...

"We seem to be further away from action (against Syria), and that's keeping people upbeat."

...fresh data from China pointing to a continued economic recovery in the country.