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Monday, October 21, 2013

The Market On Monday

  Good morning. It is 41 degrees and clear here in Upstate NY. It could a real nice day once again. I hope you had a good weekend, relaxing and enjoyable. Yours truly is nursing a ridiculous head cold with sinus congestion to boot. Ugh. For those that might have an interest, Coursera is offering a free online course on jazz improvisation with Gary Burton as the instructor. Needless to say, this is a great opportunity and the price is right. It's not easy, this is a serious class.

  At 8:20 a.m. ET futures are flat and the price of oil per barrel is down. The market is poised to open flat to lower.

  With the GOTea manufactured debt ceiling crisis now in the rear view mirror until January, investors can get back to the business of parsing the economic data out there. Third quarter earnings will come into focus along with data on housing and such. Now we can get back to watching the market for the regular reasons rather than the extraneous noise reasons. Check out the CNN poll which tells that the GOTea brand is regarded as bad for America's health. So true, so true.

CNN: Stocks enter uncertain times
The wave of third-quarter earnings results continues Monday...

...monthly report on existing home sales.

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