If the preliminary results were positive or negative and the word was leaked out, then there would have been evidence of abnormal volumes in options and equity trading. The downslide in ELN has been in concert with the overall market.

My guess is that he didn't hear any megaphones is because the companies will be doing a thorough analysis of the data and you can be sure that JNJ and PFE will have a full court press to make sure the results are seen in their proper light.