The market is set to open with more questions than usual as the presidential election creeps closer and closer and there are signs of Democrats possibly making a clean sweep.   I doubt highly Republicans lose the House, but White House and Senate is too close to call.

Then there’s the Federal Reserve, which at this point has become a cauldron of contradictions as there are so many different visions of the economy.   It makes me wonder if even Economics 101 is common ground.  Speaking of economic conditions, this morning the Empire State Fed Economic Report points to subpar current conditions and increasing confidence things will be better in six months.

Bank of America posted an earnings beat but mostly as a result of better trading and cost curbs, although, there are positive signs on deposits. 

It’s still a ranged-bound market that’s near pivotal support points and grappling for true catalysts.  Meanwhile, exogenous factors are only making it more difficult to gain traction or confidence.