FYI, I will be on vacation next week.  Therefore, I will be sending out this weekend’s piece on Friday (tomorrow-midday)…and there will be no weekend piece next weekend.  (There will also be no daily pieces next week.)  Thank you. 

 

  • We still need more evidence that the tech sector’s earnings are going to improve in a significant way…if we’re going to see the same kind of rally we saw after last earnings season.
  • No surprises from the Fed, so the stock market really didn’t react much to the announcement.
  • One key group…that is far away from the tech sector…is poised for a very strong breakout move.

 

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