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Monday, April 27, 2015

The Market On Monday

  Good morning. It is 47 degrees and cloudy here in the Upper Hudson Valley. Sunshine is expected today and the forecasters are dangling the carrot of a 70 degree Wednesday in front of our gullible noses. I hope you had a good weekend, it was good taking a break from the blog on Sunday. The disastrous and extremely tragic earthquake in Nepal has claimed over 3700 lives. Unlike the people in Nepal we may not live over a fault line that will inevitably lead to an earthquake but we all experience personal earthquakes. That's when we get the really hard phone call at 3 a.m. or the news from the doctor that they want to take a further look at something or other. We have these instants of calamitous quick life shaking change, that's part of life, that's part of the life menu. We either accept it or we unconsciously fool ourselves.

  At 8:30 a.m. ET futures are modestly higher and the price of oil is floating up and down around $57 a barrel for light crude. The market is poised to open higher.

  Right now it's all happy days are here again on Wall Street. First quarter corporate results are positive and the market is spewing out new highs right and left. Oil is up with light crude floating between $55 and $57 a barrel for the last week. At the moment the investing scenery is peaceful.

CNN: Stocks: 4 things to know before the open
Wall Street was an exciting place last week with the S&P 500 and Nasdaq both breaking records.

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