Just a quick note to serve as a gentle reminder. The earnings season will start this Friday with the reporting of the big US banks like JPMorgan Chase and Citigroup. This adds an element of unpredictability to the markets, as no one can be certain of how an earnings report will turn out.
If you are initiating a trading position and planning to hold for at least a few days, do take into account of the added unpredictability. Earning reports can sometimes have more effect on a stock/sector/overall market than fundamental factors, even if the reports seem to be less relevant.