10am update - Disney having problems

US equities open moderately higher, but are already starting to cool. Meanwhile, there is notable weakness in Disney (DIS), which broke rising trend (equiv' to <sp'1935)... into the $101s... unable to clear the 200dma in the $104s. DIS, an early warning of trouble.. as it was a month ago?


DIS'60min

sp'15min

Summary

*early lunch... back soon.
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10.01am.. lunch was good...........    messy opening 30mins in the casino...

RE: DIS.. the Cramer noted some Morgan Stanley report.. which has upset some.
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Oil.... battling to break higher..

but until USO is above $15.00.. it remains unclear
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10.34am.. Bears getting squeezed out... sp' +10pts.. 1963.... the big 2K threshold is easily within range by the Thursday close.

notable weakness, DIS -1.2%