The Market On Friday

  Good morning. It is 29 degrees and it is snowing here in the Upper Hudson Valley. We are expecting 1 to 3 inches of snow today and this would be the second snowstorm of the week. Looks like we are still in for a real cold patch in the upcoming days and I would say we are in the dead of Winter. We see that Romney is dusting off his presidential aspirations publicly once again. Perhaps three is the charm for the mega billionaire, the perfect candidate and champion of the utterly oblivious 1% who seem to believe that poor people have it incredibly easy and are actually wealthy. Romney doesn't have rose colored glasses, his are colored gold - gold is everywhere...

  At 9:00 a.m ET futures are significantly lower and the price of oil per barrel is up. The market is set to tank at the opening bell.

  What can I say, it's been a miserable week on Wall Street and the streak is going to continue this morning. Oil is at a bargain basement price and this gas price convenience is driving a devaluation of equities or at least some equities, Apple not included. The US economy grew at a slower pace than desired in the fourth quarter and that's a problem as well. My advice is to make relaxing plans for the weekend and forget about it...

CNN: Stocks: 4 things to know before the open

Greek stocks were steady, with banks continuing to recover after slumping earlier this week on fears about the future of the country's international bailout.