Good morning. It is a very cool 44 degrees and it is sunny here in the Upper Hudson Valley. The forecast predicts a general lowering in the temperatures throughout the week and as you know, the daylight is shrinking noticeably. October is moving along and before you know it, we're into Halloween, I'm sure you're seeing the Halloween ornaments and signs all over. I hope you had a good relaxing weekend. This household is battling a severe cold, there's a lot of coughing and sneezing going on. Society has convinced us that money is our most important attribute so we struggle against that meme throughout our lives trying to recognize something that carries more meaning. In that struggle we tend to ignore the incredible assets we already have like our health, a sense of well being, and our love and compassion for others. Hopefully at some point we can give up the struggle and make a greater peace with these more meaningful attributes.
At 7:50 a.m. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.
Two major corporate developments appear to be positively influencing the market this morning. That would be HP dividing into two separate divisions and the big med merger between Becton and CareFusion. ISIS, Ebola, the Ukraine and Russia, plus a serious amount of risk fear remain in the background, but for the time being the market is buoyant this early morning.
CNN:
Stocks: 5 things to know before the open
Medical technology firm Becton, Dickinson and Co is taking over CareFusion in a cash and stock deal that values CareFusion shares at $58 each.
2 comments:
Its cooling off down here at the beach in So. Jersey. The days are still in the 60-70's though. Ocean temp. still high 60's. Nights in the 50's now.
Winter here we come. Mostly in the 60s during the day here. The sweaters and jackets are out for the morning and evening.
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