Tuesday, December 22, 2015

The Market On Tuesday

  Good morning. It is 47 degrees and rainy here in the Upper Hudson Valley. Although it may get as warm as 70 degrees on Thursday it looks like we are in for a solid week of rain. Well T-Rump has not disappointed his cretin following, the most obnoxious candidate to enter the presidential race in recent history has uttered profanities against Hillary Clinton. The man or should I say man child, has the presidential tact of a two year old. Really GOP, this P.O.S. is the best you can do, really.

  At 8:50 a.m. ET futures are modestly higher and the price of oil per barrel is up to just over $36. The market is poised to open higher.

  The last reading of the third quarter GDP has been revised to 2% growth. This is pretty much in keeping with previous levels, it's in the small but steady range as it were. We shall see how Wall Street parses this information and reacts today, and what of the Santa Claus rally....

CNN: Stocks: 4 things to know before the open
Toshiba forecast Monday that it would lose $4.5 billion this year as it continues to deal with the aftermath of a massive accounting scandal. Investors immediately hit the sell button.

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