The Market On Tuesday

  Good morning. It is 48 degrees and overcast here in the Upper Hudson Valley. The big news is that we are expecting snow all day long on Wednesday. Everybody is gearing up for that. I have looked at the headlines and parts of Ferguson are in flames. This is terrible especially since this is exactly what everybody thought would happen. It's like an inevitable movement or bad script that can't be stopped or diverted. This is America. May sanity prevail.

  At 8:45 a.m. ET futures are slightly higher and the price of oil per barrel is up. The market is poised to open higher.

  Investors will be parsing all types of economic data today. The list includes another reading of the third quarter GDP, my favorite - consumer confidence, and news on home prices. With the indexes at or near record highs, the market continues to astound as we approach Thanksgiving.

CNN: Stocks: 5 things to know before the open

...the U.S. government will issue its second reading of third quarter GDP at 8:30 a.m. ET.