Good morning. It is 67 degrees and sunny here in the Upper Hudson Valley. We are in for a humid day. I've been a little bit fearful of looking at the news first thing. The headlines have been harsh, they are of course always harsh as the news works on reporting primarily tragedy as we know. Still lately it's making me flinch more than usual. I've also been thinking about how the country is once again drifting to the right with a conservative sweep in the 2014 elections predicted. Now we probably will have a Tea Party Senate to go with a Tea Party Congress. Let's just say you can throw global warming completely off the agenda of critical issues that need immediate attention for several more years to come. Also, let's expect a lot more Detroits, Camdens, and Fergusons. It's like the worst scenario in disaster futuristic movies is now our reality.
At 8:50 a.m. ET futures are modestly higher and the price of oil per barrel is up. The market is poised to open higher.
The indexes are very fluffy and we are wondering if more records are in store for today. The momentum is not quite as positive as it was on Monday and markest in Asia and Europe are dragging. Yet, hope spring eternal, let's see if consumer confidence can cause a stir.
CNN:
Stocks: 4 things to know before the open
The S&P/Case-Shiller 20-city home price index comes out at 9 a.m. ET., followed by the Conference Board's consumer confidence index at 10 a.m.
Most Asian markets ended with losses Tuesday.
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