Good morning. It is 25 degrees and it is sunny here in the Upper Hudson Valley. Another fine winter day with afternoon temperatures in the 40s is expected. The forecast is also still predicting that the temperature will go into the 50s at the beginning of next week; February will be starting out with unusually mild temperatures. We see that Trump will not be making the debate tonight. The media is reporting that Trump is tapping into the anger of GOP voters over FOX News. My question is, exactly what anger is Trump not 'tapping into' these days? He is without a doubt the most anger tapping candidate we've ever seen. He certainly has not tapped into my anger over the fact that he is actually in the running.
At 8:50 a.m. ET futures are ever so slightly up and the price of oil per barrel is also up. The market is poised to open slightly higher.
The day appears to be more fourth quarter corporate report based than any other pressing world event. Facebook is looking rather dandy lately. Although I have not read anything about it, one might suspect that oil inventories were a little short if the price of oil is a little higher this morning.
CNN:
Stocks: 4 things to know before the open
During the last three months of 2015, Facebook brought in $5.8 billion and made $1.6 billion in profit -- a whopping 123% increase from a year earlier.
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