by Calculated Risk on 1/13/2014 08:29:00 PM

With the recent sell-off, here is a market graph (click on graph for larger image) from Doug Short that shows the S&P 500 since the 2007 high ...



Tuesday:
• At 7:00 AM ET, the NFIB Small Business Optimism Index for December.

• At 8:30 AM, the Retail sales report for December will be released. The consensus is for retail sales to be unchanged in December, and to increase 0.4% ex-autos.

• At 10:00 AM, the Manufacturing and Trade: Inventories and Sales (business inventories) report for November. The consensus is for a 0.3% increase in inventories.