What goes up must come down!

               Well apparently I am wrong, things don't always have to come back down.

 In the Stock market however, I think that it happens more often than not. Rarely does a stock continue to go in one direction without taking a breather, pulling back and consolidating to build up some energy before making its next move up.To me its very health action and it happens to even the very best of companies $AAPL $NFLX $TSLA $GS $AMZN none of them went straight up. Pullbacks should not be feared or disliked we should embrace them and recognize that they are healthy and they allow us to find those gems that are basing, coiling up and recharging the batteries before their next move up.With that being said, we had a down day yesterday after being up nine straight. Personally, I would like to see a few more down days to give us that pause to refresh.

Morning movers and others that caught my eye

$EBIX pr, $BAC thick stock Pr, $BEAT bounce play. $GLUU continuation, $PRAN nice daily, $SEM continuation, $MVIS, $DRRX nice daily ma held, $MOVE red to green, $SVM like the daily closed over 50 day, $THLD flat top breakout may need a couple days, $UEC basing right under 200 day, $PLAB nice flag on the daily, $MEET see if 50 day holds, $ANV bottom bounce, $CYTK , $INSM pr, $TWER pr , $GGS love the daily     

Seeking Alpha

Today's Markets:
In Asia, Japan +0.1% to 14615. Hong Kong +0.3% to 21372. China -1% to 2045. India+0.4% to 19,927.
In Europe, at midday, London -0.5%. Paris -0.6%. Frankfurt -0.7%.
Futures at 6:00: Dow -0.2%. S&P -0.3%. Nasdaq -0.1%. Crude -0.45% to $105.52. Gold-0.5% to $1248.20.

Today's economic calendar:
7:00 MBA Mortgage Applications
8:30 Housing Starts
10:00 Hearing: Semiannual Monetary Policy Report (Bernanke)
10:30 EIA Petroleum Inventories
2:00 PM Fed's Beige Book

Notable earnings before today's open: ABT, ASML, BAC, BK, FCFS, FRC, GWW,IGTE, MAT, MTB , NTRS, NVS, PNC, STJ, TXT, USB

Notable earnings after today's close: ALB, AXP, CCK, CLB, CVA, EBAY, EPB, IBM,INTC, KMP , NE, PLXS, RLI, SCSS, SLM, SNDK,STLD, VMI, XLNX

Briefing.com

Page One 08:59 ET Bernanke Sticks to Script Favored by Market: The eight-day winning streak for the S&P 500 was broken yesterday, but it was more like a hairline >> Go to full Page One Story Stocks® 09:08 ET Housing Starts Slump in June on Multi-Family Decline: The Housing Starts report for June produced a big headline disappointment with the indication that 07:45 ET Bank of America shares little changed following better than expected earnings (BAC) : Bank of America (BAC $13.95 +0.03) reported second quarter earnings of $0.32 per share, which was Earlier today on Story Stocks: CSX shares rise 2% as earnings stay on track; company beats on EPS and revenues (CSX)07:42 >> For all of today's stories, go to Story Stocks Up/Downgrades Today's Upgrades: Company Ticker Brokerage Firm Pier 1 Imports PIR Argus Kodiak Oil & Gas KOG Sun Trust Rbsn Humphrey LinnCo LNCO Goldman Linn Energy LINE Goldman Tsakos Energy TNP DNB Markets Borg Warner BWA Robert W. Baird Investors Real Estate Trust IRET Robert W. Baird British Amrcn Tobacco BTI Natixis Bleichroeder RSA Insurance RSANY Citigroup Synergetics SURG Wunderlich Solvay SVYZY Exane BNP Paribas Taylor Capital TAYC Keefe Bruyette Adobe Systems ADBE FBR Capital Today's Downgrades: Company Ticker Brokerage Firm American Express AXP Buckingham Research Bryn Mawr Bank BMTC Guggenheim ARMOUR Residential REIT ARR Maxim Group FMC Tech FTI BofA/Merrill Thompson Creek Metals TC JP Morgan Scripps Networks Interactive SNI Wunderlich AthenaHealth ATHN Raymond James Wabash Natl WNC FBR Capital Swedbank AB SWDBY.PK JP Morgan Imperial Tobacco ITYBY Natixis Bleichroeder Hologic HOLX Piper Jaffray Interactive Intelligence ININ Raymond James Iberdrola SA IBDRY.PK HSBC Securities Yara ASA YARIY HSBC Securities Unilever NV UN Credit Suisse Mechel Steel MTL HSBC Securities

Good luck trading today!