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Tuesday, August 05, 2014

The Market On Tuesday

  Good morning. It is 68 degrees and overcast here in the Upper Hudson Valley. The neighbors are talking about thunder storms beginning later this afternoon. I live in the new rainforest area of the U.S. We see that the American woman suffering with the Ebola virus is coming home to the US. We wish her the best and I hope that the people who are expressing fear that this disease is coming to the US can chill it out. Where exactly would you like to be if you were in her condition?

  At 8:45 a.m. futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.

  Investors will be parsing lots of economic data today along with the latter flourish of second quarter corporate reports. The article suggests that the weight of the data depending on its quality could push the market into positive territory. As always, we shall see. Meanwhile the global economic news remains slightly banged up.

CNN: Stocks: 3 things to know before the open
The U.S. Census Bureau will issue its monthly report on factory orders at 10 a.m. ET. At the same time, the Institute for Supply Management will release data on the performance of the U.S. services sector for July.

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