A Touch of Red Into the Holiday

Small caps continue to lead lower today, as market plays do not seem to be in much of a patriotic mood regarding holding risk through the long, holiday weekend. While it may be tempting to look for a gap up on Monday as the (apparent) contrarian playing sentiment and because of how many times we have seen it during this bull run, I am not so sure that sentiment truly is bearish here--I suspect there is still far more of a "Greece is not that big of a deal" attitude out there than a "Greece is a major contagion" mindset. 

Regarding individual action, upside breakout plays are incredibly narrow, with even the TSLA gap up this morning looking sluggish now. BIDU has quietly been sold in recent weeks but is oversold at this point. And BBRY cements its reputation for being a perennial heartbreaker for anything more than a quick scalp, if at all. 

I will cover other markets in my usual Midday Video for members, filming now.