Forget about Gains! More important is we're not losing what we've Gained.

On Monday, the market jostled around, both green and red, and then settled down in neutral zone. A pretty remarkable day on surface. But the market's tenor is suggestive of its underlying bias to move higher eventually. A market that is frugal in giving back strong gains from the past few days, is a market that is demonstrating underlying strength. Earnings will have to provide further fuel or water to this rally. We suspect the technology sector earnings will outperform, and provide the market with new leadership. In the meantime, let the market consolidate. For further weekly commentary, you can visit Graycell Advisors website.