The Market On Wednesday

  Good morning. It is 66 degrees and lightly raining here in Upstate NY. Rain is predicted for the next two days. Yesterday was an unusual day for many of us as we worked through the news of Robin Williams' death. This was followed by learning of Lauren Bacall's death. On top of that one of my dear neighbors on my street passed away Tuesday morning. There was something about yesterday that brought a lot of life into focus in a unique way. I suspect this was experienced by you as well. We'll take it in stride and learn our personal lesson whatever they may be.

  At 8:50 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open higher.

  Beyond the losses of our beloved stars and friends, world events are still continuing along an extreme path. We've got wars and skirmishes all over the globe and tremendous unrest right in the USA. In spite of this the market is placing all that on the back burner for the moment and apparently economic fundamentals are strong enough to boost futures higher. It's very strange that the price of oil per barrel has been on a decline. Why is that considering a few of these wars directly affect the flow of oil.

CNN: Stocks: 4 things to know before the open

...headlines are dominated by wars in Iraq, Ukraine, Syria, Gaza, and other places.

Japan's economic growth collapsed in the second quarter but the results weren't quite as bad as feared.