Blogging Options: CBOE Morning Update

Will earnings reports this morning offset a weaker European market?

WMT 2Q $1.09 ($1.08 est). up $1.00 in pre-market trading. Sams +5%, same store sales flat to slightly lower.

HD 2Q $0.86 ($0.82 est)

BofA cuts DIS

Good morning Europe.

German2Q GDP grew 0.1% (0.5% ext)

EU 2Q GDP +0.2% (+0.3% est), down from +0.8$ 1Q


Housing Starts July 604k (down from 629k)

Permits 597k (-3.2%)

Industrial production and Cap. Use later this morning.

S&P & DJIA Futures off. VIX starts day at 31.87 (off 4.49 yesterday)