Search This Blog

Tuesday, October 20, 2015

The Market On Tuesday

  Good morning. It is 47 degrees and cloudy here in the Upper Hudson Valley. According to the weather logo the temperature will get up into the 60s today and there will be sunshine. We really had a glorious day on Monday even though it was pretty cool, outside I had on almost the real deal Winter clothing. I watched quite a bit of MSNBC last night as I am fond of Chris Hayes and Rachel Maddow. There's still a lot of talk on the upcoming Benghazi hearing with Hillary on Thursday. The mess will be broadcast on TV and it is thought that it will last all day. A lot of people are commenting on Ben Carson's odd performance with George Stephanopoulos over the weekend - check it out for yourself - George Stephanopoulos Makes A Fool Out Of Ben Carson Without Even Trying (VIDEO). It's actually a very disturbing video because Carson comes off as profoundly confused, I mean you or I could have answered the questions better. I don't know how an intelligent person could watch Ben here and then go away with the sense that he is presidential. Ben Carson is not presidential material folks.

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

  Third quarter reports continue to roll in and one must still assume they are good enough especially with the DOW perched so high. Notice that Canada has elected a liberal government replacing 10 years of totalitarian conservative rule.

CNN: Stocks: 5 things to know before the open
Canadians have voted in their first new leader in 10 years. Justin Trudeau is the son of a former Canadian prime minister. He led his Liberal party to a majority government, dealing a stunning blow to incumbent leader Stephen Harper.

No comments: