Monday, May 15, 2017

The Market On Monday

  Good morning. It is 53 degrees and mostly sunny here in the Upper Hudson Valley, the forecast predicts clouds, maybe even rain, and temperatures in the 60s this afternoon. The longer range forecast has temperatures up around 90 on Wednesday and Thursday along with sunshine. It could be a hot week. The sunshine, if it happens, will be welcome as it's been a very rainy Spring.

  At 9:05 a.m. ET DOW futures are +48 and the price of oil per barrel is up. The market is poised to open moderately higher.

  The bizarre and dangerous spectacle of the Trump administration continues. People are still scratching their heads over the obvious intention to shut down the Russia-Trump investigation with Comey's firing. Our poor country, we are in the hands of a nut. Allegedly Trump is taping everything and the tapes are supposed to get turned over. It's chaos.

CNN: Russia and Saudi talk oil; Ransomware attack; China data by Ivana Kottasov√°

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