NewsWare’s Trade Talk: Friday, September 15

S&P Futures are slightly lower this morning, yet the sentiment is positive. Economic data out of China this morning came in better than expected. Factory output and consumer spending data rose. The UAW has initiated a limited strike at 3 selected auto plants in different states. DIS is said to have received a 10B offer for its ABC TV network form investor Byron Allen. The ARM IPO remains an active issue this morning as the stock is higher by 6.78%. European stocks are showing positive action this morning and oil futures will likely finish the week with another weekly gain.