
Despite the low volume action, both the COMPQ and QQQQ's are moving forward according to plan. All major tech sectors ended the session in the green with internet retail leading the way on news of
AMZN's stock buyback and a
GOOG/EBAY alliance. The SOX also got a boost from upgrades for
NVDA and
INTC, although
NVDA fell victim to some profit taking as it attempted to fill its bearish gap resistance dating back to May 12th.
Watch for consumer confidence tomorrow at 10:00 and FOMC minutes at 2:00 p.m.
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