 Good Monday morning everybody I'm Tommy O'Brien coming to you live from TFNN headquarters in St. Petersburg Florida 9 a.m. Eastern time on Monday 30 minutes ago until that trading day and we got markets starting in slightly positive territory big week this week lots of earnings as usual lately we have a Fed decision coming on Wednesday all but assured it will be a cut the only real discussion 25 basis points or 50 basis points seems all but assured 25 basis points coming in Wednesday anything else would be a surprise in the markets and then we get jobs data payroll Friday as well on top of all those earnings Dow futures right now up 16 points trading 27,165 S&Ps up a point trading at 3025 Nasdaq futures up five points at 8025 we'll start things off let's jump over to the futures market we'll start it off with we'll pull it up we'll start it off with the Dow as you can see near session highs this morning 27,171 currently on the Dow we were marginally higher about an hour ago you're talking about only 10 Dow points as we start off the trading week S&P 500 pretty similar territory you back things up the highs of Friday about 3029 this morning we're trading at about 3025 with 30 minutes to go until the opening bell Nasdaq 100 trading at 8029 from early this morning we were down there at about 805 so you're talking about 25 Nasdaq 100 points to the upside from that price level crude oil a little bit of volatility so far this morning holding above 56 dollars you have crude trading at 5624 gold contract a little bit of volatility as well last night you had gold at 1423 at like at about 9 p.m. Eastern time gold trades all the way down to 1417 currently trading 141984 looking at the August contract and the euro US dollar backing off a bit 1121 terms of what else you have happening I mentioned it at the top the Fed is about to cut rates for the first time since 2008 pretty remarkable 11 years that the Fed has not cut and that is all but assured to be happening Wednesday would be a shock to the market anything besides a cut as I mentioned the only real discussion 25 or 50 basis points in deal news you have Pfizer combining its off patent drug business with myelin so that's generic drug business we'll pull up those two in a moment and you also have trade talks beginning in Shanghai with us representatives over there as well and to pull up visor and my and myelin visor backing off on that news to 4155 closed at 4309 and myelin myl trading higher but off the highs as well stay tuned folks we got a replay right now at nine I'll be back at 10 o'clock live with Tom have a great Monday