PRE MARKET

What else is new? Futures up a bit. Europe again teasing tightening and then does nothing as EMF (EASY MONEY FOREVER) continues.

Not a lot going on. ADBE reports after close.

DISNEY buying FOX properties…except FOX NEWS/BUSINESS and SPORTS.

Watch PYPL. Decent size insider buy at $74…on first minor pullback after a big run this year. Our last insider mention was X at $19 and then more at $29…now $33.

Notice more under-performance yesterday in NASDAQ/SEMI-types. Nothing has changed there.

FINANCIALS came in off the FED yesterday but to our eye, just a pullback from extended conditions.