Tech Earnings In Focus As Markets Seek Direction

Dow futures open Sunday evening along with S&P 500 and Nasdaq futures after a mixed week for stocks
Tesla earnings expected Wednesday night, forecast to show weak results but focus will be on outlook
Lam Research, ASML, and Taiwan Semi also report earnings amid weakening chip sector
Schlumberger earnings Friday will provide insight into strength of oil/energy sector
Watch Nvidia, Adobe, and Arista for market rally clues; Nvidia especially important bellwether
Market rally struggling at resistance so new buys not advised; trimming recent buys reasonable
Need to see Nasdaq and S&P 500 clear 50-day lines on increased breadth for rally to gain traction