NewsWare’s Trade Talk: Thursday, March 20

S&P Futures just moved from flat to lower. The Fed left rates unchanged. They continue to project two rate cuts this year but warned of an uptick in inflation & unemployed for this year. President Trump is expected to sign an Executive Order today aimed at closing the Dept of Education. Chevron lobbied the president for a two-month extension to his order to shut down its operations in Venezuela. Western European nations are holding discussions to provide Ukraine with a peace keeping force. Jobless Claims are due out before the opening bell, expectations are for a reading of 225k. After the open, Existing Home Sales are due out, a reading of 3.95m is expected. Earnings are in focus today with NKE, FDX, MU & LEN set to report after the bell today.