Stocks This Week: Buy Arrow Electronics And Urban Outfitters

The coming week is post-OPEX week which has a bearish bias as can be seen in the histogram below. The 10-day moving average of breadth is now overbought. The 4320-4350 area is support and is a downside target.

The technology leaders are likely to correct before moving higher. Stock leadership is spreading out, so most stocks are likely to retreat less than the leaders.