Search This Blog

Wednesday, November 25, 2015

The Market On Wednesday

  Good morning. It is 32 degrees and sunny here in the Upper Hudson Valley. A sunny day with temperatures in the 40s is expected. It is the day before Thanksgiving, Thanksgiving Eve as it were. Most everyone's attention is set on the feast that will take place tomorrow, preparations, traveling, cleaning, etc. It's an in-between type of day. You can feel it, it's as if the community has collectively agreed to change the focus of its normal daily driven intent and desire. Many people do not partake for many reasons. We all have friends who are sick or by themselves and alone, the people that have no family and few friends, and the holidays tend to accentuate loneliness, that's a problem. If you have friends and family and are readying for a gathering, fully appreciate your fantastic gift don't take it for granted, even appreciate your screwy relative who insists that Donald Trump can make America great again...

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

  Well apparently, and according to the article, all the mess from previous days, Russian jet being shot down by Turkey, etc, are now a thing of the past and the market can return to 'normal'. That was fast. Wall Street is actually a type of model of forgiveness, if only we could forget past indiscretions so readily, just kidding. Most investors are preparing themselves for a long weekend, many have probably already left the building. When fewer traders are in the house, the market tends to be a little more volatile, but I will lightly predict that this year's Thanksgiving Eve might not give us equity fits, but you never know.

CNN: Stocks: Five things to know before the open
Oil is falling, and European markets are recovering from losses Tuesday triggered by Turkey's downing of a Russian warplane that was attacking targets in Syria.

No comments: