NewsWare’s Trade Talk: Friday, March 14

S&P Futures are showing positive gains this morning due to expectations that a government shut down will be avoided. Senate Majority leader Chuck Shumer announced that he will be backing the bill. The announcement of press briefing in China on Monday has markets expecting stimulus action. President Trump will be at the Justice Dept this afternoon to discuss his agenda. Key economic reading for today will be the Consumer Sentiment data from the Univ of Michigan, the report will contain inflation expectations. ULTA, DOCU & SMTC are higher after releasing positive earnings last night.