Tuesday, July 28, 2015

WEDNESDAY 7/29/15; MO; ETN; GD; HLT; HUM; IP; MA; FOMC Rate Decision; FB; KS; MTW; MAR; MET; NE; PPC; PX; SKX; VRTX

Asian indexes should follow the US lead and print a joyous positive session. The Nikkei Index and Aussie ASX 200 Index futures are set to open higher. Dollar/yen 123.57. WTIC oil 47.75.

Multinational luxury conglomerate LVMH (Louis Vuitton, Christian Dior, Fendi, DKNY) beats on earnings with strong sales all 





















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negative impact is occurring to the results due to the weak oil and gas market and stronger dollar. Pipeline operator WMB misses on the top and bottom lines. Oil company NE beats on earnings and catapults +5% higher. OI beats on the top and bottom lines.

At 5:47 PM EST (6:47 AM Tokyo time Thursday morning), FB is down -2.4%. Facebook needs to stop talking on the conference call; the more they talk the lower the stock moves. WFM is bludgeoned -11%.

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