BAC & UB Beat Estimates, Markets Up

Both BAC and UB beat estimates adding to a string of wins for banks reporting starting last week. Oil is holding steady, up 22 cents in early trading. This is creating a positive environment in the first 40 minutes and the broad indices are trading higher. GOOG, MSFT and GILD are near even for the morning only AAPL is down $1.25. With these stocks holding even the Nasdaq is up this morning. Look for AAPL earnings today after the close. Monday's Early Action Moving Up: POT, BIDU, MOS, CF, MON, AGU, RIMM, X, IPI, SCHN, SOHU, LEH, CELG, MER, MEE, NUE,BTU, GS, V, CNX Moving Down: MA, PCLN, AMZN, IBM, STRA, AAPL, NKE, FSLR, BRCM