MIDDAY LUNCH

Dow 11173.21  +127.94, Nasdaq 2499.74  +28.01,S&P 1206.60  +15.24 

Stocks are posting nice gains today as traders predict that final details of the Greece bailout will come out over the weekend.  Of the 30 stocks in the down only four are trading to the down size.

Financials +1.9% and consumer discretionary stocks +1.9% are some of the biggest gainers in trading today.

BP PLC (BP) 53.32 -4.02, -7.01% shares are getting hit today after news that the oil leak in the gulf is worse than first estimated and could hit the coast over the weekend.  Additionally, the government said that they would go after the company for cleanup coast.

In earnings news Ball Corp (BLL) 53.87 -0.90, -1.64% reported earnings of $0.85 beating estimates by +$0.11.  Celgene (CELG) 62.23 +2.60, +4.36% reported earnings of $0.63 beating estimates by +$0.03, Colgate-Palmolive (CL)  84.92 -0.08, -0.09% reported earnings of $1.21 beating estimates by +0.02 and Kellogg (K) 55.12 +2.54, +4.83% reported earnings of $1.09 beating estimates by +0.15.