The Market On Friday

  Good morning and welcome to the weekend. It is 52 degrees and gloriously sunny here in the Upper Hudson Valley. I'm sitting here typing, listening to the general ambient roar of the morning's car activity, and in the midst of that there's an insistent bird chirping its heart out. How about Maj. Mariam Al Mansouri, the UAE fighter pilot taking on ISIS full bore. What a tough lady she is.

  At 8:40 a.m. ET futures are modestly higher and the price of oil per barrel is up. The market is poised to open higher.

  It's been a miserable week on Wall Street. Equities have shrunk in value and the fear and greed index is popping. Yet I just read that the second quarter GDP has been revised upwards again to 4.6% growth. That's unbelievable. Perhaps that number along with the morning's opening stability can wring out a winner in an otherwise crumby trading week.

CNN: Stocks: 4 things to know before the open

Gold prices were rising and the U.S. dollar was firming. These kinds of moves tend to occur when investors are nervous and looking for safe haven assets.