The Market On Tuesday

  Good morning. It is 60 degrees, cloudy, and raining on and off here in the Upper Hudson Valley. It's good, we can use the rain even though the greenery is quite lush out there at this time. How about Jeb Bush invoking Catholicism in his drive to capture the fundie vote. Does the man even look at any data at all? The vast majority of Catholics in the USA support gay marriage. Then we've got GOP candidates like Rubio and Bush tap dancing all over the place in an attempt to both support and reject the Iraq war. Let's not forget that the Bush-Cheney regime cooked the information to go to war.This meme that given the intelligence they had we had to go to war - baloney, it was intelligence that the neocons cooked up.

  At 8:45 a.m. ET futures are modestly higher and the price of light crude is down now below $59 a barrel. The market is poised to open higher.

  Looks like we might be in for another record setting day on Wall Street. Quantitative easing measures in the eurozone make investors on Wall Street giddy with glee. Today there will be lots of quarterly reports from the retail sector, American consumerism drives the global economy. Also there will reports on housing from the Federal government. Enjoy the day.

CNN: Stocks: 5 things to know before the open

Investors are reacting to comments from a senior official at the European Central Bank, who was reported to have said the ECB would step up its bond-buying in May and June before liquidity tails off over the summer.