NewsWare’s Trade Talk: Thursday, November 9

S&P Futures are positive this morning. Disney's positive earnings release along with the announcement that the movie studios & actors have reached an agreement to end the months long strike helping the markets this morning. Fed Chair Jerome Powell will be participating i a panel discussion today - it is expected that he will stick to his script that no decision has been made on rates and that the Fed is data dependent. CPI data out of China was weak but fell withing expectations. In Europe, markets are moving higher. Oil prices are rebounding but still significantly lower on the week.