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NASDAQ/NDX futures up nicely because: FB up a juicy $13 on their numbers…a big wow. In sympathy, AMZN (reports after close) up $17 pre market… Others: Small to medium gaps to upside: TREE, BUD, TAL, ALXN, MA, ORLY, LRCX, PYPL, XLNX, GILD, EW, NTGR, NOW, MRK, CELG On the downside: BWLD, CYH, FFIV, DFS, WHR,…

Before the market: Republicans vote to go to a vote on a vote they know will never pass. And they are calling it a success, a start…and you want to know why we are $20 trillion in debt. On top of that, we are now hearing some whispers about actually raising taxes on the wealthy….

The XLF sets up in tight fashion from an almost 5 month range. Notice it tightening up at the highs. In the big names, C, BK, MS have the best look. Notice the KRE tightening up along the 50 day average. A name like PNC very tight action recently.

DOW futures up 100…NDX is down though because of GOOGL. S&P up less than DOW. GOOGL down $32. Just keep in mind, it is up over $80 since recent low July 7. CAT in the DOW nice gap to the breakout today off of strong numbers. MCD also gaps up in the DOW off 3%…

There is not enough money in the world to pay for all this. SOURCE: http://www.cnsnews.com/news/article/terence-p-jeffrey/112000000-medicaid-enrollees-set-climb-40m-under-obamacare