The Market On Friday

  Good morning. It is 61 degrees and sunny here in the Upper Hudson Valley. Last night it was cool and extremely pleasant, we had a tiny hint of Fall as it were. We call it sleeping weather and man I was out like a light. So it looks like the USA is back in the business of warring outright in Iraq. I suspect most of us would not be surprised if a US presence becomes much more visible. Pin this one directly onto the pointy little heads of the neocons and it's policy helpless leader GW Bush along with his VP in extremism Cheney.

  At 8:50 a.m. futures are slightly higher and the price of oil per barrel is up. The market is poised to open higher but most of us do not trust it.

  World events just got compounded by another major degree with the US back into the bombing business in Iraq. I won't go through a recap of the other major hotspots but to put it in simple terms, here's your drag on the market. Fortunately the weekend is also here to put the brake on Wall St for a few days.

CNN: Stocks: 4 things to know before the open

...investors worry about America's military moves in Iraq and an escalating trade war with Russia.

"It's (US in Iraq) coming on top of geopolitical tensions that are already high..."