Daily Delphi

Post: Monday - Up, down - maybe all around. | Daily Delphi

BlogsPit Talk › Monday - Up, down - maybe all around. April 14, 2014, 6:50 am

CALENDAR
7:30 AM CT
Retail Sales for Mar
Prior 0.3% Forecast 1.2%
Retail Sales ex-auto for Mar
Prior 0.3% Forecast 0.7%
9:00 AM CT
Business Inventories for Feb
Prior 0.4% Forecast 0.6%

TODAY'S ACTION
Asian markets closed mixed and European indices are all lower in midsession trade. Today's news to watch will be retail sales, which is expected to to come in at 1.2% and Citigroup's 1st quarter earnings report. This week investors will have lots of economic data to look at along with some key Q1 earnings, options expiration and a holiday shortened week. All of which could prove to be a volatile mix after last week's bloodletting. With traders already on the defensive, the busy but short week could have some dramatic moves. Trade wisely.


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