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Tuesday, August 23, 2016

The Market On Tuesday

  Good morning. It is 63 degrees and sunny here in the Upper Hudson Valley, the forecast predicts a sunny day with temperatures in the low 80s this afternoon. Hillary Clinton was on Jimmy Kimmel last night and it's all over the media this morning. I'll post some clips, but I must say she is sharp as a tack, um, her weight, well, she's needs to lose a few. The interview was well received.

  At 9:05 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open moderately higher.

  The article described it as a calm no frills Summer trading day and that seems to be the case. Manufacturing data out of the EU and Japan came in positive, and that's a good thing. Oil continues to wander it's way lower and lower as the effect of the Saudi oil minster's claim of that country reducing its oil output in the the future fades away.

CNN: Stocks: 4 things to know before the open by Alanna Petroff
The latest Markit data showed the eurozone experienced healthy growth in services and manufacturing output in August. And manufacturing output in Japan also increased slightly this month, the first increase since February.

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