The Market On Monday

  Good morning. It is 33 degrees and hazy but sunny here in the Upper Hudson Valley. A cooler but sunny week is predicted. Well, we are into the last few days of 2014, and as usual it's been a hell of a year. Can we mention how quickly the time has gone by. Sometimes we all do a little reflection on the changes that we saw, from the personal to the grand. Are there any lessons to be learned and gains to be had. Like most people I had a widely mixed year. There were lots of personal losses, and yet somehow I feel ever so slightly wiser with the emphasis on slight, there's a little gain. The trick is to see if that little bit of growth will stick or is it just more ephemera that will end up on the junk heap of good ideas.

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

  Oil has hovered around $55 for a few days now, certainly 2015 is going to see a lot of movement in the price per barrel. Otherwise it appears that Greece is entering another bout of economic turmoil. That country has been through the wringer and it's not over. One suspects that the vultures need to pick at the carcass of that country a little bit more. Recall that many investors are on vacation and that trading in this interstitial period between Christmas and New Year is often low but volatile.

CNN: Stocks: 3 things to know before the open

There are no major economic releases slated for Monday.

Investors are feeling wary about another political and economic fallout in Greece.