Good morning. It is 8 degrees and sunny here in the Upper Hudson Valley. February 2015 is on pace to be the coldest or next to coldest February on record for this area. My god has it been relentlessly cold and the cold has taken a toll on people's bodies and I suspect minds as well. I've heard many incidences of broken bones from slips on ice and the flu and colds, ugh. Yours truly is fighting off a cold. The forecasters are trying to keep people's spirits up with a prediction for a break from the extreme cold into plain old usual cold starting on Sunday, we shall see.
At 8:40 a.m. ET futures are slightly lower and the price of light crude oil per barrel is higher. The market is poised to open lower.
I just read where the GDP for the 4th quarter of 2014 has been revised downward from 2.6% to 2.2%. The new number already comes with a - don't worry, no problemo - semi caveat. For equities outside of the energy sector, February has been an amazing month, record highs and money galore.
CNN:
Stocks: 5 things to know before the open
German lawmakers approved Europe's four-month debt extension for Greece on Friday.
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