Futures are slightly higher this morning and $FB is soaring after a stellar earnings report.

We also have earnings tonight from $AMZN, $GOOG and $CMG. It's going to be an exciting close to the week.

Last earnings season, $GOOG sported a massive move to the upside. It was a move many here at optionmillionaires.com were able to capitalize upon. https://www.optionmillionaires.com/goog-960-calls-300-10600-48-hours-trade-options/

Another selloff today, ushered in by currency issues in Turkey & South Africa and exacerbated by the Federal Reserve tapering their bond buying even more, led to losses of over 1% across the major indices. Are people nervous yet? Definitely, as this has been one of the most intense, while not deepest, market corrections in some time and the VIX is at a multiweek high.  So is it time to turn bearish yet?