NewsWare’s Trade Talk: Thursday, November 16

S&P Futures are flat to lower this morning ahead of economic/earnings releases and a significant amount of Fed Speak. resident Biden met with China's President yesterday. Key economic data point for today will the Industrial Production report. Earning reports remain in focus, CWCO & PANW are lower this morning, yet both mgmt teams were positive in the earnings calls. WMT is lower after delivering an eps beat. Today we have an elevated number of Fed officials speaking. Thye are likely to stick to the script of waiting on data and refrain from commenting future rate cuts. European stocks are mixed to lower and oil prices are edging lower this morning.