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Tuesday, March 11, 2014

The Market On Tuesday

  Good morning. It is 30 degrees and overcast here in Upstate NY. The weather logo is promising a temperature later today approaching the 50 degree mark. Okay, okay we'll take that. Certainly the spring birds who are chirping like its mid May will enjoy that too. The thing of it is when I look out the window of the dining room where I'm presently sitting and typing, I see a world of snow out there. If you took a picture and labeled it late December, it would work.

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

  Investors appear to have digested the Ukraine mess for the time being. Now that we are into it a few weeks, it's old news, more like a troubling split made apparent and with concerned observers just wanting to see the official divorce decree made public. The CNN article suggests calm in the markets, we like that, we like calm. We could use calm as an answer for all sorts of economic and political problems for a few days. Imagine Washington DC and the word calm associated with it especially in light of the screaming partisan crazed divide. DC take the cue from Wall St, embrace calm for a few days.

CNN: Stocks: Is the market calm here to stay?
But Tuesday sees little scheduled economic and corporate news that could drive markets.

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