NewsWare’s Trade Talk: Wednesday, July 20

S&P Futures after being positive all morning, futures have just gone negative. There are a host of companies scheduled to release their earnings this morning including NTRS, NDAQ, BKR, BIIB, and ABT. After the bell today we will be hearing from SLG, AA, UAL, EFX, LVS, DFS, CSX, CCI, and TSLA. After the opening bell this morning we have economic reports on Existing Home Sales and the official EIA stockpiles report. News reports indicate that mortgage demand has dropped to a 22 year low.