The Market On Thursday

  Good morning. It is 38 degrees and sunny here in Upstate NY. The forecast predicts - ta da - temperatures once again in the 50s later today. It's Springtime man, dig it. We see that there is another shooting at Fort Hood, monstrous and horrible. Our prayers go out to the families and friends involved and we once again recognize how fundamentally ill aspects of our society are.

  At 8:50 a.m ET futures are slightly higher and the price of oil is slightly lower. The market is poised to open in the flat to slightly higher area.

  In the ebb and flow of the market, the market has been flowing this week. Gains is the name of the game. The ECB has announced that it ill keep it's interest rate very low, this is to promote liquidity in a previously drying up EU economy. The danger right now is deflation in that area of the world. Otherwise watch out for the big jobs report due out tomorrow.

CNN: More new records for stocks?

...the ECB said it will keep its key interest rate unchanged at 0.25%.

Investors are also getting ready for Friday's March jobs report.