Wells Fargo cam out this morning with a beat on the headline number but is down on something in the numbers that the street isn't happy with but the decline it very small. Next week we will see earning come out in full force so watch the volatility. As I mentioned in last week's commentary there was very little by way of economic data this week so they would probably allow the markets to limp higher, we got that. Next week the markets will need to stand on their own fundamentals so let the games begin.
As I write this Best Buy lowered forward looking guidance and announced a decline in same store sales of just over 1% last month. No surprises here.
Skull Candy (SKUL) on a 30 minute chart is looking strong. A very good retest and close above $7.00 per share on Thursday.
Apple (AAPL) week in the pre markets. Watch the $505 level a close below that level good trigger a much bigger sell off.