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$LOW 2Q15 Q&A: Gutman of Morgan Stanley asked if there are indirect cost saves that in place or those are still to come. Bob answered that 2H15 flow through was going to be higher than 1H15. 2014 GM improved 42 BP in 1H14 and declined 6 BP in 2H14, so there is easier comparison in 2H. 2015 GM declined 6 BP, expects 20 BP improvement in 2H15.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th
Wow! $MCD scores again.
$SPY can the rally continue? La Pen almost assured to lose makes me cautious about the results, not a place to panic. If 2400 is reached I'm selling my puts and going for broke. Happy hunting.