The Market On Tuesday

  Good morning. It is 52 degrees and sunny here in the Upper Hudson Valley. Sunshine is predicted right through the weekend with Sunday being the hottest and sunniest day of the week. The US and allies have struck ISIS in Syria along with an al Qaeda cell also in Syria. Can you imagine being on the ground when a bombing strike like that occurs, pure horror. ISIS has certainly earned our contempt with its brutality, yet I am certain that we will be hearing about Islamic fundamentalists causing havoc around the globe for the rest of our lives. This is not going away anytime soon.

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

  Have you noticed a decrease in the price of gas? We are in a lower gas price period, relatively speaking of course. We have a new global crisis playing out more intensely with the bombing inside Syria. This is partly rattling world markets as war is disruptive to ordinary economic activity. Yet one must assume that the global market for warring is percolating along just fine. Either way the market is in a bit of a slump.

CNN: Stocks: 4 things to know before the open

Investors are considering the implications of new rules from the U.S. Treasury that will make it harder for U.S. companies to reduce their tax bills by merging with foreign firms and moving abroad.