NewsWare’s Trade Talk: Monday, February 12

S&P Futures are slightly higher this morning with the S&P's holding above the 5000 level. Markets are relatively quiet this morning with no major news catalyst occurring overnight. Markets are looking ahead to tomorrows CPI report which is expected to display further signs of disinflation. On the earnings front, this afternoon we have earnings results due out from ANET, CDNS, WM, LSCC, CAR & MEDP. In Europe, stocks are slightly higher with positive action in the retail sector. Oil prices are falling this morning down more than 1%.