Read the latest commentary here...
Positive Real Estate Signs; Gold Glitters a Little Less Than Expected | CAMI
There was some pent up buying demand at the open following the Friday Dow drop of over 200 points. Aside from negative geopolitical events, earnings season has not been kind to Wall Street (see First Call chart included in the link above). Caterpillar is the latest Dow Component to reveal a lower outlook for the year.
The highlight of the week may very well be Apple earnngs on Thursday. I am looking for a further shake out before the stock can attempt to rebound. I am not specifically playing $AAPL earnings and thinnk we could see $600 before we again see $650, or $700.