NewsWare’s Trade Talk: Tuesday, February 20

S&P Futures are in the red this morning with the market's attention on earning and economic events. HD released this morning and is lower due to a weak outlook and a drop in same store sales. China cut a key interest rate overnight. Capital One to buy Discover Financial in a 35B deal. Fed meeting minutes are out tomorrow, expectations are likely to focus on official's hawkish viewpoints. In Europe, stocks are slightly higher with gains in the banking sector. Oil prices are lower this morning but remain close to three-week highs.