The Market On Monday

  Good morning. It is 64 degrees and it is sunny here in the Upper Hudson Valley. The forecast has the temperature going up around 80 degrees this afternoon with continued sunshine. The forecast also predicts that temperatures may hit 90 degrees later on this week. Hmm, 90s in May, could things be shaping up for a scorcher of a Summer. I hope you had a good weekend. I did my best to avoid the news on Sunday, this is my new ritual. Let's take a look and see what type of mischief humanity is getting itself into today.

  At 8:55 a.m. ET futures are slightly lower and the price of oil per barrel is down. The market is poised to open lower.

  America will now be selling weapons to Vietnam, our old enemy is now our arms trade partner. Bayer is looking to merge with Monsanto and the era of vegetables that take away your headache is just around the corner. Oil continues to trade in the $45 to $50 range and first quarter corporate reports continue to come through.

CNN: Stocks: 5 things to know before the open by Alanna Petroff

President Obama announced the U.S. is fully lifting its ban on lethal arms sales to Vietnam. The embargo had been in place for decades. This could help U.S. defense contractors.