Midday Missive

GOOGL…gains upside momentum over 590.
EXPE…has room for another couple of dollars to the upside.
ORCL…I like Oracle as a low volatility long. As long as there is no close below 40 the pattern remains constructive.
XLK…above 39.54 expect a test of the high. The monthly chart has a double bottom in place @ 38.27.
IBB…would be a low risk buy @ 256.
The rest of the day will be a low volume time frame trade.
Those who are involved in individual names should be a aware that weekly options expire today.
Check your names to see if they will be in play later today.
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