The Market On Tuesday

  Good morning. It is 6 degrees and hazy cloudy here in the Upper Hudson Valley. Sunshine is expected through the day and a gradual rising in temperatures is also expected through the week. We see that the Saudi blogger is now being flogged. Of all the horrible things that go on in the world this is utterly unnecessary and cruel. It literally makes me sick to read about it, that poor man.

  At 8:50 a.m. ET futures are slightly higher and the price of oil per barrel is now down below $45 a barrel. The market is poised to open higher and energy stocks will once again lose value.

  What can we say, it's the beginning of earnings season and simultaneously the economy of the world is rearranging as the oil glut continues. It's a time of big changes and countries on the fringe with oil as their main export like Venezuela are in big trouble. 2015 is revving up for some huge changes.

CNN: Stocks: 4 things to know before the open

U.S. crude futures are down another 3% this morning, trading at roughly $44.50 per barrel. Oil prices fell by more than 5% on Monday.