The Market On Wednesday

  Good morning. It is 28 degrees and sunny here in Upstate NY. It's cold out. It's hump day and I'm sure everyone is fully engaged in their regular week activity. I'm involved in a new recording project and the momentum is starting to build to get it fully accomplished and underway.

  At 8:30 a.m. futures are relatively flat and the price of oil per barrel is slightly down. The market is poised to open flat to lower.

  It is the latest from the Fed that will catch investors attention today. Everyone knows that quantitative easing can't go on forever even though somehow that is what Wall Street wants. So we are back to trying to understand when q.e. ends and that will be the next larger period of the market as it goes through the sans q.e. correction.

CNN: Markets weak as they await Fed and data

The market is waiting for the release at 2 p.m. ET of the minutes from the Federal Reserve's most recent policy meeting.