NewsWare’s Trade Talk: Friday, September 30

S&P Futures are positive but off their earlier highs.  Today is the last day of the quarter and later this morning we have a key economic indicator being released. The release of the Personal Income & Outlays will likely drive the market today.  We also have plenty of Fed speak today including the Fed's Vice Chair Lael Brainard.  The oil market is preparing for next week's OPEC meeting where a production cut is anticipated. Nike earnings were a disappointment last night as profitability is eroding. MU is higher after earnings and says that the industry environment has deteriorated sharply.