Even

First off we all want to send our best wishes to Sande.blogspot contributor and commenter "GK" who has had a serious illness. I wish him as speedy a recovery as possible.

The DOW lost 34 and the S&P lost 1/2 today while the NASDAQ gained a tad. High Tech is going great guns lately and Apple produced decent second quarter results. Did anyone figure that tech stocks would improve in this environment?

It was a sideways type of day. We like that. More reports will come forth this week.

Reuters: Apple, Starbucks lift Nasdaq; Dow, S&P 500 slip

...disappointing bank results and declining energy shares weighed on the broader market.

Federal Reserve Chairman Ben Bernanke reiterated in testimony to the Senate Banking Committee on Wednesday that the U.S. economic outlook is improving, but that supportive policies would be necessary for a while to prevent rising joblessness from sapping the recovery.