The Wrap 7/19/10

{+++} It was yet another whippy day and tomorrow should be interesting. Both TXN and IBM missed their earnings in the aftermarket, so we could see a heavy open. Things could turn around on Wednesday after a good AAPL report tomorrow night. INTC had a blockbuster quarter last week and failed miserably on a price basis, so it makes you wonder if good numbers even matter this quarter.

Shorts are looking much better than longs on the charts tonight, so I have some new additions to the P&L. Enjoy. I also promised to chart the names from last night so they are here as well. Click on chart to enlarge.