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The Morning Look

ByGary Kaltbaum

Market Update:
Futures are lower ahead of Tuesday’s open as investors pause to digest Monday’s strong rally. Lots of areas of the market were beginning to roll over last week so yesterday was an important day for the bulls to defend support.

Gary’s Thoughts: Watch the 50 day on the Dow and S&P. Watch them financials at support.

Economic Data:

  • Consumer Price Index 8:30 AM ET
  • Housing Starts 8:30 AM ET
  • Redbook 8:55 AM ET
  • Industrial Production 9:15 AM ET
  • E-Commerce Retail Sales 10:00 AM ET
  • John Williams Speaks 12:00 PM ET
  • Robert Kaplan Speaks 1:15 PM ET

Highlights:

  • ‘Captain America: Civil War’ Gives Disney Fifth Straight Win
    Gary’s Thoughts: Everyone loves superheroes.
  • Sheldon Adelson may spend more than $100M to boost Trump campaign
    Gary’s Thoughts: The dude throws around the cash!