It is a stock specific market where you must read charts and also pay attention to earnings. In big cap tech, GOOG has put in a descending channel that, when resolved, should provide a clean trade. AAPL has come a long way and has many gaps to fill to the downside. Is it time for a pullback in the tech leader? EBAY has made a good run after earnings and could also be a good fade if you see some negative divergence. Financials, especially GS, once again look like they could be buys, having hovered for the last few days. JPM trades slowly, but if the sector goes it should get back up to highs. Gold looks good once again after breaking downtrend, look to be in tier 1 in preparation for a first move up to the double top.
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