Michael Zarembski of Charles Schwab and Ben discuss micro futures contracts, which are one-tenth the size of a regular sized futures contract. They point out that watching the indices futures quotes can give a trader a look ahead at what the market is thinking and can prepare you for the opening of the equity sessions. Economic data and things to watch this week includes PMI manufacturing, Fed Chair Jerome Powell speaking, and the employment situation numbers. Retailers reporting earnings this week include Costco, Target, Kohl's, Best Buy and Dollar Tree. Michael is watching the wheat futures (/ZW) and corn (/ZC) futures closely.