The Market On Friday

  Good morning. It is 46 degrees and sunny here in the Upper Hudson Valley. A sunny and pleasant Fall weekend is expected. What a day we had on Thursday. There was a multiple family murder in the area. Apparently the family was Asian and the police had a difficult time literally translating information. It's a tragedy in an otherwise extremely safe area. We all need the weekend right this instant.

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

  What can I say. It's the weekend enjoy it and try to forget about the fact that the market is shedding trillions of dollars of value over the last few weeks. The correction is here, the global economy is having a conniption, and the pain will probably continue till reason once again prevails. On the other hand, people who have been waiting on the sidelines to invest in the stock market, pay attention because when things get really ugly then you purchase equities.

CNN: Stocks: 4 things to know before the open

European markets were trading weaker as investors remain rattled by a string of poor economic numbers from Germany, and slower global growth. There was more disappointing data Friday, this time from Italy...