Morning Notes – Thursday January 16, 2020

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day – watch for break below 3294.50 for change of fortune Key economic data due: Retail Sales ( 0.3% vs. 0.3% est.; prev. 0.3%) at 8:30 AM Core Retail Sales (0.7% vs. 0.5% est.; prev. 0.1%) at 8:30 AM Philly…