I will take a short-term chance on the sector.
The hate for this stock is just ridiculous.
Rumor has it a big deal could be announced by Monday.
Facebook went public a year ago in a deal that scared retail investors out of the market.
Resistance is holding, and a sell trigger has just fired on the short-time-frame charts.
The healthy rebound off last month's lows appears ready to resume.
The VoIP provider's chart has bullish indications.
Based on this expectation, Applied Materials will likely report positive quarterly earnings tonight.
This name has a history of getting a post-earnings pop.
Anything that has been pulling back has been going against the overall strength of the market.