Continuing our focus on the tech sector as we did last week, GOOG, AMZN, and AAPL are beginning to look rather attracting and are show signs of potential setups. We continue to scan for stocks making new 52-wk highs and 52-wk lows each evening at the close.
As trading slows for the summer this week’s economic announcements should set the tone for the months to come. Most of the market’s “big hitters” have packed up their things and are headed to their favorite vacation hot spots for the next few months. On their return come September however, be prepared to see increased volatility and larger price swings.