NewsWare’s Trade Talk: Thursday, October 12

S&P Futures are indicating a positive opening this morning. Today's CPI report will be key to the market's direction. A noticeable downplay of rate hike talk from FOMC members is having a positive effect on the markets. Delta delivered strong earnings report his morning. Dominos Pizza missed on revenue, while Walgreens eps came i lower then estimates. In Europe, stocks are higher in reaction to comments from central bankers and the GDP data out of the U.K. Oil is higher, btu this morning stockpiles data from the EIA today could weaken this morning's gains.