Daily Delphi

Post: Tuesday - To the moon and beyond. | Daily Delphi

BlogsPit Talk › Tuesday - To the moon and beyond. May 13, 2014, 6:50 am

CALENDAR
7:30 AM CT
Retail Sales for Apr
Prior 1.2% Forecast 0.3%
Retail Sales ex-auto for Apr
Prior 0.7% Forecast 0.6%
Export Prices ex-ag for Apr
Prior 0.5%
Import Prices ex-oil for Apr
Prior 0.3%
9:00 AM CT
Business Inventories for Mar
Prior 0.4% Forecast 0.4%

TODAY'S ACTION
Overnight Asian markets surged up and the European markets are rising in morning trade. This morning the Commerce Department will release the monthly retail sales data and at the same time the Bureau of Labor Statistics will will release import and export prices data. On the earnings front expect a relatively quiet day. Spring is in the air and traders are optimistic, everyone wants to see how far and how long they can push this market up. Trade wisely.


Share on StockTwits
comments powered by Disqus