It's not that tech earnings are specifically weak, but some investors just got a little ahead of themselves as far as where earnings estimates were going to go.

There are not a lot of catalysts right now ahead of the earnings season. We've had some solid gains in the market and I think people are in a kind of wait-and-see mood.

I've tried not to get too far ahead of myself or get caught up in what is being said.

Not all tech stocks are cheap, ... The question is how far down can the Nasdaq go.

I don't think we're in for Armageddon, but there's not going to be any visibility on earnings. So we've got months of trading fun and investors can go to the beach.

This is the first true day of tech earnings, so it's a little hard to say. We've got two more big days in front of us.