The Market On Thursday

  Good morning. it is 62 degrees and overcast here in Upstate NY. It's looking like rain at the moment. My NY Knicks fell out of the running for coaching services by Steve Kerr. Kerr decided to go to the Golden State Warriors. It's tough being a NY Knicks fan as the team has become somewhat of a joke especially over the last year. Fans were led to believe that Kerr was the coming savior, now what will the big mouth NY news media fixate on.

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

  Investors have been seeing poor results from big box monolith Wal Mart. I know that really breaks your heart when Wal Mart doesn't meet financial expectations. I look at the company as something that sucks the life blood out of communities, but that's just me. They pay crappy wages and rely on the inner services of the community to take care of the needs of it's many employees. People go to the store, spend lots of money, that money goes into the ultra rich pockets of the owners, and the community gets crappy paying jobs, clogged emergency rooms, and piles of junk.

CNN: Stocks: Investors mull weak Wal-Mart results

Wal-Mart...the world's largest retailer, reported first-quarter earnings and sales, and second-quarter forecasts that fell short of estimates.

Federal Reserve chair Janet Yellen will be speaking about small business and the economy during a talk in Washington this evening.