Wednesday, July 26, 2017

The Market On Wednesday

  Good morning. It is 62 degrees and cloudy here in the Upper Hudson Valley, the forecast predicts sunshine and temperatures in the 70s this afternoon.The cooler temperatures might be over as the longer range forecast looks like a return to hot summer.

  At 9:15 a.m. ET DOW futures are +85 and the price of oil per barrel is up. The market is poised to open moderately higher.

  Trump's behavior is abnormal; his crazed rant in front of boyscouts is a perfect example of abnormal behavior. His followers have made the unfortunate mistake of associating Trump's abnormal behavior with good characteristics for a leader. It's a stunning and disappointing situation. Trump is crazy. He was a fine as a superfluous TV character wielding imaginary power, but as president he is dangerous. Trump is not in the real world.

CNN: Facebook earnings; Fed decision; Volkswagen meeting by Alanna Petroff

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