Investors will focus on earnings reports, today's Existing Home Sales & tomorrow's NFP
S&P 500 possible support @ 1740, 1742
McDonald's reported slightly better than expected earnings but offered uninspiring guidance for Q4
Actual earnings: $1.52 EPS Estimates: 1.51
Revenue was 7.32B instead of an expected 7.33B
McD dropped from 95.20 to 93.55
Possible rebound @ 93.5, possible resistance @ 94.0
Look to buy McD @ 93.5 then sell @ 94.0 for 30 minutes expiration each
Netflix will report earnings after the market closes today
Netflix is up from 333.5 to 339.89 due to strong expectations
Watch 340 for support or resistance
Look to buy Netflix if it stays above 340, sell if it stays below, for 30 minutes expiration
Existing Home Sales @ 10am EDT might change the market's direction (most probably down), which is expected to be worse than previous
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