The Market On Thursday

  Good morning. It is 56 degrees and cloudy here in the Upper Hudson Valley. The forecast is predicting a 20% chance of precipitation. Today is the big day, Hillary goes before the Benghazi committee and testifies. As we know with Biden out of the race Hillary's chances are better. Also as we know, she is a skilled lawyer and a skilled politician so it will be interesting to see who wins this chess match. No doubt the FOX News crowd has already prepared its victory and vanquishing narrative. Reality will show us a different story.

  At 9:00 a.m. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.

  Third quarter earnings reports continue to roll in and the market is remaining firm meaning that the reports are strong enough. Oil is now trading in the $46 per barrel range and the $45 to $50 range has been embedded in for several weeks. This does not mean that oil will remain at this level. Onto Benghazi.

CNN: 5 things to know before the open

In Europe, the parent company for Mercedes-Benz cars -- Daimler (DDAIY) -- reported record sales in the third quarter and strong growth in China.