Daily Delphi

Post: Tuesday - Hand over your money or else. | Daily Delphi

BlogsPit Talk › Tuesday - Hand over your money or else. April 15, 2014, 6:50 am

CALENDAR
7:30 AM CT
CPI for March
Prior 0.1% Forecast 0.1%
Core CPI for March
Prior 0.1% Forecast 0.1%
Empire Manufacturing for April
Prior 5.6 Forecast 7.5
8:00 AM CT
Net Long-Term TIC Flows for Feb
Prior $7.3B
9:00 AM CT
NAHB Housing Market Index for
Prior 47 Forecast 51

MONDAY RECAP
The major averages finished the Monday session on a modestly higher note, but they ended below their best levels of the day after volatility during the last two hours of action forced the indices to test their flat lines. The S&P 500 rose 0.8%, while the Nasdaq added 0.6% after being up as much as 1.3%.

TODAY'S ACTION
Asian markets ended their session mixed. The Hang Seng was the biggest mover for the day, down 1.6%. European markets are trading mostly lower in midday trade as tensions in Ukraine continue to weigh on investors. Coca-Cola (KO) and Jonson & Johnson (JNJ) report earnings before the open today. Yahoo (YHOO) and Google (GOOG) release their earnings after the close, look for both to beat the Street's consensus. We're in the thick of earnings season this week, so traders will be looking at the fundamentals today. With that said any surprises could make for some choppy trade. Trade strong.


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