No Fear Of The Dark Side In Disney Ahead of Q2 Report

em>Joel Elconin is the co-host of

, a daily trading idea radio show.

em>Joel Elconin is the co-host of

, a daily trading idea radio show.

Walt Disney Co.

shares are trading higher by $0.83 at $120.83 in Monday's session. The issue is trading at an all time high ahead of its Q2 earnings report after the close. The Street is looking for EPS of $1.42 on revenue sof $13.24B. It appears no one to be short ahead of the much-anticipated report. While the broad market retreated last week, Disney head steady last week, dipping to a low last Monday at ($117.78) before making both a new all time high ($120.72) and close to its all time high close ($120.03) at $120 on Friday. With the Street talking up the the potential revenue from Star War: Episode VII this morning, the issue made a new all time high by by $1.01, when it reached $121.73 earlier in the session. Since making the high it is has fallen back under $121, but is still poised to post a new all time closing high ahead of the report.