1:25pm (EST)

It’s all about the notes…

We have been busy today, folks, and there are a lot of good stories to talk about so we are going to be quick because we have a lot to go over in our Members Area.

The bears dominated the early action this morning but the bulls have fought back as we head towards the second half of trading.

The Dow is down 13 points to 12,257 while the S&P is off by 3 points to 1,311.  The Nasdaq is lower by 14 points to 2,747.

Google (GOOG, $577.00, up $0.72) announces earnings after the bell.  We will be listening to the company’s conference call with a Bob Segar classic in the background…Turn the Page.  All eyes will be on the company’s CEO, Larry Page, who recently took back the gig to run Google.

Google doesn’t make the dramatic moves like past years after posting their numbers but this time could be different.  If we had to guess, we think shares hit $600 or trade down to $550 in after-hours trading. 

We will be back in the morning with a full update. 

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