Morning Notes – Friday October 12, 2018

Directional Bias For The Day: S&P Futures are higher; closed 14 point above the NYSE session close; moving higher since 5:00 AM after retracing from a high of 2785.00 reached at 2:30 AM Odds are for an up day with increased volatility Key economic data due: Import Prices ( 0.5% vs. 0.3% est.) at 8:30 AM Prelim UoM Consumer Sentiment (est.…