A.I.M. Users Bulletin Board

[Foxlette]

morning AIMers

I'm here with a warm-up, though most of y'all don't need it [it's a hot one]


8:16AM: S&P futures vs fair value: -0.3. Nasdaq futures vs fair value: -5.5. Equity futures point to a moderately lower open as we continue to roll through earnings season. Nas futures under some pressure as Siebel Systems (SEBL) warns and IBM's (IBM) was only modestly bullish. Outside of tech, Eli Lilly (LLY) and Southwest Air (LUV) have warned. However, Sears (S) and Allstate (ALL) have guided higher. On the earnings front, most are making or exceeding Q2 consensus estimates.