Monday, June 09, 2014

The Market On Monday

  Good morning. It is 64 degrees and rainy here in Upstate NY. The weather logos indicate rain all week long, and we are beginning to think we are turning into a rain forest up here. I hope you had a good weekend. We see that the weekend brought it's usual spate of mass shootings and misery. What can we say, what emotion or hope that has been expressed for as long as I can remember can be repeated to somehow or other attempt to placate the situation. May we should be realistic, the mass random shootings will continue and we hope we are not in the vicinity of them when they do occur.

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

  The market continues to roll fed by cheap money and reasonable economic data that supports growth. Today Apple will split its stock 7 for every 1. The idea being to bring down the $600+ price per share to under $100 per share and entice more people to buy into the company.

CNN: Stocks: 3 things to know before the open
The level of fear and volatility in the markets has fallen sharply, helped by the continued flow of cheap central bank money and steady economic data.

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