Moody's might cut American Express AXP rating

CNBC is reporting that Moody's might end up cuting the rating of American Express ( AXP )....this news has caused the Dow to decline even more here in the last hour. Mastercard ( MA ) and Visa ( V ) are also sinking with this news.

Something to keep an eye on also....Oil - There is a pipeline in Turkey that has gone down which transports 1 million barrels per day. When the news hit early this morning Oil prices took off up $3 at one point....they have since come back down. This pipeline is due back up in 2 weeks.

Natural Gas is plunging yet again after going above $9 this morning. One of these day Nat Gas will be up huge.

Tonight I will be watching Jones Soda ( JSDA ) earnings. I know the stock is only $2.50 but I happen to believe in the brand and I think once they get things in order...this stock can go to $10-$15 per share. I assess this company quarter to quarter and I will be getting back in one of these days.