The Market On Wednesday

  Good morning. It is 49 degrees and sunny here in the Upper Hudson Valley. A beautiful warmish bright clear day is expected. I hope everyone has gotten their taxes prepared and sent out. April 15th is a real marker point in the year, tax season is over, we continue to shake off the hibernation of the Winter, and we start setting our sights more and more on the nice weather. I sent out my taxes yesterday, first time in quite a while where I was 'early'. Time has taught me to not fret about it so much and this year it was relatively painless for a change even though the accounts were basically the same as previous years. It's all about attitude.

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

  It looks like it will be quite a busy day for investors. There's a ton of quarterly reports, data in from China, the Eurozone Central Bank is chiming in on interest rates, and the Fed is issuing its Beige Book Report. Overall the market seems healthy, everything is percolating even oil is making its slow rise and something seems to be saying that $60 per barrel for light crude could be in the near future. We shall see.

CNN: Stocks: 5 things to know before the open

The European Central Bank is expected leave interest rates at ultra-low levels when it delivers a policy update later Wednesday.

The Federal Reserve will publish its Beige Book report on the economy at 2 p.m. ET.