The Market On Wednesday

  Good morning. It is 54 degrees and sunny here in the Upper Hudson Valley. A sunny day is predicted, we've had an outstanding stretch of weather this last week. More details on the Syria strikes are coming out. The one that is confusing but in some odd way understandable is bombing ISIS and then bombing the Syrian al Qaeda branch on the side. Those two extremist sides were fighting each other and simultaneously are at war with us. It's a strange triangle, very dangerous. Fundamentalism is not going away any time soon in fact it seems to grow as more people globally understand the necessity for cooperation and peace. Fundamentalism is the inversion of sanity in that sense.

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

  Allegedly the newest bombing campaign has thrown investors off their game and as a result we've had three miserable day of losses in a row. It could change today and for a minute there you were worried that it was back to recession time. Not so fast, there are these slight mid corrections as it were. Today there's economic news on new home sales and recall that the housing market is a major player in the American economy.

CNN: Stocks: 4 things to know before the open

...investors now seem to have regained their composure after being caught off guard by the U.S.-led airstrikes against ISIS in Syria.

The U.S. government will report new home sales made in August at 10 a.m. ET.