Monday, November 03, 2014

The Market On Monday

  Good morning. It is a cool 41 degrees and hazy cloudy here in the Upper Hudson Valley. November is always a very gray month in this neck of the woods. Well, what complexities and jaw dropping realities will this week bring. It looks like the party of regress is about to take control of the Senate. America has decided it needs to take four steps backwards because well, we just need that. Look for regressive gains to be made in women's health care, social security, income equality, gun control, you name it, it's all going backwards. America says that the closer we get to 1350 A.D. society the better.

  At 8:45 a.m. ET futures are modestly lower and the price of oil per barrel is slightly higher. The market is poised to open lower.

  Recapping, we see that by the end of October the DOW has regained quite a bit of ground however the price of oil per barrel is now around $80 and it's expected or thought to go even lower. There is a glut of oil out there and you can kiss any notion of reducing carbon emissions goodbye. The recent IPCC report will make excellent paper to start fireplace fires throughout the regressive land.

CNN: Stocks: 3 things to know before the open
Throughout the day, automakers will be releasing data on October car and truck sales.

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