Will the Semi Stocks Survive Intel's Earnings?

It was a sluggish day for stocks Monday as even though the Nasdaq Composite was able to move above 5000 during the day, it closed lower. The small-caps and banks were a bit higher while the oil & gas stocks were hit with profit taking as they had become overextended last week. Another day or so on the downside would not be surprising but it is the weekly close that will be more important. The new highs in the NYSE Advance/Decline line continues to favor an upside breakout from the recent trading...