The Market On Thursday

  Good morning. It is 54 degrees and sunny here in the Upper Hudson Valley. It looks like the warm weather has arrived, the forecast is predicting the temperature goes into the 80s on Monday. The leaves on the trees are really advancing now as the barren look to the environment of the past 6 months becomes a distant memory. What a week it has been so far. Shite! Last night there were protests in NYC with some arrests, Baltimore is a little more peaceful at least, Ted Cruz, the utter conscious free a-hole that he is throws a gallon of gasoline on the racial unrest, Bernie Sanders is running for president - snow ball in hell chance but we do love his honesty and integrity, and then the utter worst this horrific Nepal earthquake which I can't really wrap my pea brain around. What a week...

  At 8:45 a.m. ET futures are modestly lower and the price of oil per barrel is up. Light crude is now trading above $59 a barrel. The market is poised to open lower.

  Lots of stuff going on down on Wall Street. First time unemployment numbers came in at the best number in 15 years, 262,000. The Fed is indicating a certain softness to the US economy and the first GDP for the first quarter came in at an anemic .2% growth rate. This is serious, I mean throw a technical recession on top of today's misery, lord help us. In spite of all this the DOW remains perched at or near record highs with corporate reports remaining strong.

CNN: Stocks: 4 things to know before the open

Crude futures ticked up 1% in electronic trading to hover just above $59 a barrel. Oil is trading at its highest level this year, helped along by a weaker than expected U.S. supply report on Wednesday.