Friday, May 05, 2017

The Market On Friday

  Good morning. It is 46 degrees and rainy here in the Upper Hudson Valley, the forecast predicts a rainy day with temperatures in the 50s this afternoon. The long range forecast remains on the rainy coolish side of Spring, it's the temps in the 70s that really warms the bones.

  At 9:00 a.m. ET DOW futures are +5 and the price of oil per barrel is down. The market is poised to open ever so slightly higher.

  The GOP passed an incredibly bad cruel bill yesterday in its obsessive need to repeal O-care. Hopefully some wisdom will prevail in the Senate and this monstrosity, takes a painful nosedive into a a water free pool. It's all up to the Senate at this point. I must say I agree with Chomsky in that the GOP is literally an agent of destruction and that mankind may not be able to survive because of it. The GOP is a disease.

CNN: Jobs report; Oil plunges; Berkshire Hathaway investor day by Ivana Kottasov√°

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