NewsWare’s Trade Talk: Thursday, October 19

S&P Futures are inching higher this morning as the market looks to hear from Fed Chairman Jerome Powell and many of his colleagues today. With the recent economic data reports displaying stronger than expected growth, today's fed comments should deliver a clear indication of the status of a possible rate hike this year. NFLX is displaying strong gains this morning as its subscription numbers rose. TSLA is off as eps missed guidance. In Europe, stocks are displaying some weakness lower as bond yields have increased. - Oil prices down as the U.S. is providing sanction relief to Venezuela in return for free elections.