The Market On Monday

  Good morning. It is 50 degrees and hazy cloudy here in the Upper Hudson Valley. The forecast is showing more sun this coming week after last week's daily rain pattern. I hope you had a good relaxing weekend. The Fall has kicked into a higher gear. My good news is that the rebuilt wall in my living room is now fully insulated and my heating system is back on line. The house is already much warmer from the insulation. Next comes sheetrock, taping, trim work, and painting. Eventually we'll put in a new replacement window as well. It's been an intense couple of weeks surrounding this project and now I can take a breather.

  At 9:00 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.

  I'm gathering from the morning's report that the economic conditions in the Eurozone are dragging on the world economy right now. That in addition to the glut of oil from the Saudi's is stressing equities. That's the most obvious culprit, regardless, third quarter corporate reports continue to come through and affect the mix.

CNN: Stocks: 4 things to know before the open

...the European Central Bank revealed that 25 financial firms failed an extensive health check.

...a new report out of Germany showing economic conditions in the nation continued to deteriorate in October.