TECH BREAKOUT?

ATY

NASDAQ seems to break out its 50-day SMA on a decent volume. Is there a rotation into the laggers, i.e. tech names now? It certainly looks plausible. In any event, the focus for this week is certainly techs with the mid-quarter update of two key names (INTC / TXN). I nibbled some ATY here, just a bit under $22. Let’s see if the trend will continue.