NewsWare’s Trade Talk: Tuesday, October 25

S&P Futures are trading lower this morning. Economic and Earnings data will continue to be the market drivers today.  Shortly after the opening today a report on October Consumer Confidence is set to be released. After the bell today watch for earnings results from MSFT, GOOG, V, TXN, SPOT, and more.  So far this season, companies have proven they may be faring better than anticipated. That’s due in part to the fact that analysts’ earnings estimates have come down in recent months as companies faced foreign exchange headwinds and other growth concerns. This could set up stocks for rallies on potentially better-than-feared outcomes.