The Market On Tuesday

  Good morning. It is 22 degrees and it is overcast here in the Upper Hudson Valley. We are expecting anther mild Winter day in the 40s and more mildness over the next week as well. It's another day in the election process as Nevada will now deal with the GOP. There was a quote this morning about how Trump wanted to literally hit a protester. It's really a stunning period in American history where Trump can say something so outside of the realm of anything related to being presidential and still he attracts more and more of the Republican electorate. Violence and hatred have become the cornerstone of the Trump campaign, they love it,  and there's not even a second thought about it, no wondering if this might not be very good.

  At 9:00 a.m. ET futures are slightly lower and the price of oil per barrel is down now floating around $33 a barrel. The market is poised to open lower.

  Different day, same message - the stock market is linked at the hip to the price of oil. As oil floats between $25 and $35 a barrel, up or down, so does the rest of the equities market float up and down.

CNN: Stocks: 6 things to know before the open

Traders are taking their cue from the oil market, where crude futures are dipping by about 2%. Stock market moves have been heavily correlated with oil prices over the past few months.

Saudi Arabia's oil minister Ali al-Naimi will be making a speech in Houston on Tuesday morning. Saudi Arabia is the world's biggest oil exporter, and agreed last week with Russia to freeze output at January levels, provided other major producers do the same.