Monday Morning Must-Knows: August 16

This week, we’re following up on some important news we reported last week.  We received two important and somewhat conflict reports.  While the CPI numbers were up, the PPI numbers were down.  As we look head, on Tuesday we’ll get Retail Sales numbers.  This spending may help us understand where we are relative to inflation.

On Wednesday, we have a very important report: Crude Oil Inventories. We are seeing CL Futures slowing in the recent few weeks.  This upcoming report may have an impact on prices in Crude Oil.  If you’re in oil-related instruments, it’s imperative to have a good understand of supply and demand.

Finally, we have only 243 companies reporting earnings including several major retailers including Walmart, Target and Lowes.

As always, if you’re in the markets, make sure you have a trade plan with proper risk management mitigations.