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Thursday, April 13, 2017

The Market On Thursday

  Good morning. It is 43 degrees and overcast here in the Upper Hudson Valley, the forecast predicts a partly cloudy day with temperatures in the 60s this afternoon. It is definitely getting greener around these parts. The shrubs are getting green, the grass is green, the early flowers are out, and the forsythia is out. Now we need to get our minds around living with the upcoming warm weather, Winter is gone.

  At 9:10 a.m. ET DOW futures are -35 and the price of oil per barrel is up. The market is poised to open moderately lower.

  Another day living under the thumb of Trump the dictator. What will this man do today. We are seeing more of an evolution in the Trump Russia connection. I was speaking with a friend from NYC yesterday, someone I have not spoken with in a while, and I asked if he thought that Trump worked in collusion with Russia to help throw the election. His reaction was telling, he is absolutely certain that Trump worked in collusion with Russia to throw the election. It's important to know that many many people believe this, as do I. The evidence is not smoking, it's on fire. It's not about if there's smoke there's fire, there's fire.

CNN: Bank earnings; U.S. dollar slips; China trade booms by Ivana Kottasova
New data from the International Energy Agency show that OPEC countries are sticking with an agreement reached with other producers aimed at cutting production.

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