Good morning. It is a very pleasant 73 degrees and it is sunny here in the Upper Hudson Valley, the forecast predicts a sunny day with temperatures in the 80s this afternoon. It should be more than obviously clear that Trump is the most dangerous candidate to emerge out of the GOP as their presidential nominee. Trump's connection to Brietbart News is the nail in the coffin. We are talking about a fake news organization promoting a level of hatred that is off the chart combined with conspiracy theory lunacy and character assassination as a matter of fact triviality. The GOP as a functioning political party must create clear on the table space between itself and Trump/Brietbart. The real VP in this race for the presidency is a fake news entity that has the decorum of a rabid surfeit of skunks. If they do not distance themselves, the party is in fact dead and a new white supremacy entity comes forward in it's place. Say hello because they are already here, it's called Trump/Brietbart and now it's a matter of seeing how much leverage they have. For the globe's sake it needs to be no leverage.
At 9:10 a.m. ET futures are slightly lower and the price of oil per barrel is up. The market is poised to open slightly lower.
Two things about oil - first, we know that the Saudi oil minister stated their interest in reducing output to increase oil prices. However Saudi oil production continues to expand and is at record output. Second, Venezuela is in a state of economic crisis. They are actually having difficulty producing oil. So it's very interesting from an objective observers perspective. If Venezuela really starts dragging even more and their oil output let's say goes to very little, there is a void, and that void could create an oil demand.
CNN:
Stocks: 3 things to know before the open by Alanna Petroff
Cisco is in focus after the company confirmed that it will slash 5,500 jobs, or about 7% of its total workforce.
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