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Senior Contributor

OptionEye Macro Outlook - Oct. 19th

Good morning.


Overnight things are relatively quiet.


Corn is down 3, beans down 1 and wheat down 5.


Morgan Stanely misses on earnings as all eyes are focused on how well our firms will weather this earnings season. Equity futures see the S&P future off 2 poinsts and teh Dow future off 24 points.


Oil is lower as well at $46.79 down .47 cents. Gold is lower too at $1173.09 down $4.23.


The dollar is a bit stronger at 94.84 up .30.


The 10 year yield just above 2.00% at 2.04%. Today we don't really get anything substantial as far as data. All eyes will be on earnings.



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