As for the state of the economy there are quite a few announcements today:
• ICSC Goldman Store Sales at 7:45am
• Ben Bernanke Speaks at 8:45am
• Redbook at 8:55am
• PMI Manufacturing Index Flash at 8:58am
• FHFA House Price Index at 10:00am
• Richmond Fed Manufacturing Index at 10:00am
In the stock market today the S&P 500 opens on the decline once again at 0.89%
while 10-year treasuries bounce back at 1.40%. Oil is down 0.17% and the dollar is
up again at 0.24%.
What earnings should you watch for today? Apple. The company announces their
earnings after the close and is expected to report earnings of $10.35. Some analysts
believe that Apple could actually break the $11 mark as well.
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