General Market Outlook: The market is still in a cautious uptrend. Last week’s action did little to convince the bulls are back. The SP 500 has suffered from 3 distribution days since the follow-through of December 20th. The Nasdaq Composite has suffered from 2 distribution days. These distribution days occurred mostly during the holiday week, thus we will get more insight into the market direction this week, as traders return from the Holidays.