At 8:50 a.m. ET futures are significantly lower and the price of oil per barrel is significantly lower as well. The market is poised to open much lower.
If you are the kind of person who drives by a car crash and looks at the calamity, then you will have something to watch as the market goes splat. If you are the kind of person that can't tolerate looking at an accident and needs to look away, then start looking away because the accident is unfolding.
CNN: Stocks: 4 things to know before the open
"Softening economic data and disappointing earnings reports is contributing to a negative feedback loop..."
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