The Market On Wednesday

  Good morning. It is 50 degrees and it is hazy sunny here in the Upper Hudson Valley. The forecast predicts a cloudy day in the 50s with a possibility of rain later on. Here's to Bernie Sanders for cleaning up in Utah and Idaho, wow, convincing wins I must say. Hillary Clinton won in Arizona and just for the record who the hell cares who won on the GOP side as those two lunatics continue to drag the the country into a crap pile. Apparently Jeb is now endorsing Cruz, oh for f's sake. Now I understand why Jeb lost so badly, his credibility is very suspect. Speaking of two lunatics, it looks like two brothers carried out the attack in Brussels. Somehow or other these radical people need to get the message that committing suicide and killing dozens of people along the way is not a good investment, literally, it's like there's a very vulnerable community of people out there who have such a poor lowly view of their lives that they are willing to do this. They need to be deprogrammed and aided in finding out that life is valuable, precious and worth living, and that violence is really bad.

  At 9:00 a.m. ET futures are slightly lower and the price of oil per barrel is down now trading just above $41 per barrel. The market is poised to open lower.

  Today's article is filled with optimism. After yesterday's terrorist attack there appears to be a steadier mood in the investment world today. Notice that Boone Pickens is predicting that the price of oil will double. Boone Pickens has been about as correct about oil as Ann Coulter is about politics. The man has been off the mark at virtually every step of the way over the past two years. Also notice that low oil prices are really tearing into Venezuela, the country is in a state of upheaval.

CNN: Stocks: 4 things to know before the open

Traders will also be watching for some key pieces of economic data. The U.S. Census Bureau is reporting February new home sales at 10 a.m. ET. And the U.S. government releases its weekly crude oil inventory data at 10:30 a.m.