Out today is the Retail Sales consensus at 8:30AM and Business Inventories at
10:00AM EST. For Retail Sales both May and April showed a decline and this is
expected again while Business Inventories is expecting another increase.
For the first time in four days the S&P 500 is up 1.65% at the open while 10-year
treasuries are down 1.59%. Oil is down as well at 0.59% and the dollar is up 0.33%.
What should you look for this week in earnings? Goldman Sachs tomorrow and
Morgan Stanley on Thursday. The spotlight has been put on them after JPM and
Wells Fargo both reported positive earnings last week.
Make sure to check out our webinar this Sunday, July 22nd and follow us on Twitter
@keeneonmarket!