NewsWare’s Trade Talk: Friday, February 18

S&P Futures are trading higher but remain cautious after yesterday's sell-off. This key economic report due out today is the Existing Home Sales report which is expected to show a slight drop from the December report. Markets remain concerned about the prospect of a Russian invasion of Ukraine, Diplomates from the U.S and Russia are scheduled to meet next week. President Putin has indicated that the build-up are exercises that are scheduled to end on 2/20. Yields on 10-year US Treasuries dropped below 2% and oil futures are trading lower.