The Market On Wednesday

  Good morning. It is 50 degrees and grey here in the Upper Hudson Valley. Rain is expected through the rest of the week. My housework is proceeding nicely as I rebuild an exterior wall. The plan is to have it buttoned up and at least insulated by the end of Sunday. Then it's onto the next problem. I think many people own houses simply to keep themselves busy...

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

  The barrage of corporate earnings continues and now the challenge is on. Will third quarter corporate results outweigh world economic turbulence and the threat of Ebola. Who knows. In the past few days the market has rebounded a bit but investor fear remains and because of that the market's direction is unclear. We have had a correction, then a slight reprieve, the next move is unknown.

CNN: Stocks: 4 things to know before the open

A slew of big companies are reporting earnings.

Reuters: U.S. consumer prices barely rise as energy costs fall