US equities open on a positive note, although the gains are a little shaky, with the Dow already turning red. WTIC $69.18. Gold $2726. Silver $32.67
sp’60min
VIX’60min
Summary
On balance, I’d look for most indexes to turn red.
At best… the bears could seek an OPEX pin around 5800, but I’d accept that won’t be easy.
–
notable stock: NFLX
Earnings were certainly fine… EPS $5.40 vs 5.12est. Rev’ y/y +15.0% to $9.82bn vs 9.77est. Global subs +5.07M.
–
notable weakness: CVS
CVS health issued updated (weak) guidance, and have noted they have replaced their CEO. Sister Walgreens (WBA) is lower in sympathy.
—
notable energy: SLB
Earnings were broadly fine… EPS 89cents vs 88est. Rev’ y/y +10.2% to $9.16bn vs 9.25est.
—
notable fin: AXP
EPS $3.49 vs 3.28est. Rev’ y/y +8.0% to $16.63bn vs 16.66est. Broadly fine