Aftermath of a Super Celebration

After some good action on Friday, we have a sluggish tape on our hands today. One possible reason would be too many market players fighting off some of the aftermath of their Super Bowl parties and celebrations, if not libations. 

But we saw this type of action last week, too, before Friday's rally. So, with the small caps in the Russell 2000 Index leading down, again, it is tough to become aggressive in terms of taking on new long exposure at the moment. 

On the macro front, it is a fairly light week. Earning-wise, DIS GILD TWLO should be some big reports of interest tomorrow after the bell.

For now, we have NVDA continue to push higher, masking some of the weakness in a major chip stock like INTC. 

There are some miners to note today, precious and otherwise, which I will update for Members now in my usual Midday Video.