Still Drinking Pepsi...

10:10 ET - Nasdaq Composite, NDX and SPX have turned positive this morning...support holding...gold stocks GDX, AEM, GG, GOLD are moving higher...FSLR, MA, CF, POT and FWLT also moving higher in early trading.. Stay alert if the market turns lower and breaks the low of the high day. 9:39 ET - Looks like CVH, DTV, PBG and Q are trading up after earnings this morning in the early going...The SPX and Nasdaq opened lower and holding for the moment... BMO - The economy is tough but apparently based on this morning’s numbers people are still buying lots of Pepsi…Check out PBG below...oh yes and there is some ICE this morning to go with that drink as you call long distance on Q and watch your favorite show on DTV... Futures indicate a lower open so watch closely this morning to see if stocks and indices break below the low of the high day or not and follow through to the downside. Remember there were a lot of potentially bearish candles on Monday but they need to be confirmed. Earnings BMO Tuesday, Feb 10 Symbol Earnings Estimate CVH +0.60 beat +0.59 DTV +0.32 below +0.33 ICE+0.82 below +0.83 MDC-1.92 below -1.22 OMC +0.88 beat +0.84 PBG+0.30 beat +0.25 Q +0.11 beat +0.10 TRA +1.65 beat +0.92 Numbers exclude non-recurring items