NewsWare’s Trade Talk: Wednesday, August 10

S&P Futures still trading higher this morning following today's CPI release. The July reading came in at 8.5% year over year vs. the expected 8.7%. TSLA CEO sold 6.9b worth of stock due to the TWTR lawsuit. Disney is scheduled to release earnings after the close. Oil is down over 1% in the pre-market. Bond yields continue to fall with the 10-year to the 2-year spread of minus 46 basis points.