Stocks ended slightly lower on Monday as fatigue set in after a six-day rally and disappointing Japanese growth data provided a fresh reminder of the headwinds facing the global economy.

The benchmark S&P 500 index had risen 3 percent over the prior six sessions, its longest rally since December 2010. But gains had slowed, with the index hovering at highs not seen since May. The S&P 500 was still up 1.8 percent for the month.

The Dow Jones industrial average .DJI ended down 38.52 points, or 0.29 percent, at 13,169.43. The Standard & Poor's 500 Index .SPX was down 1.76 points, or 0.13 percent, at 1,404.11. The Nasdaq Composite Index .IXIC was up 1.66 points, or 0.05 percent, at 3,022.52.

Japan's gross domestic product expanded just 0.3 percent in the April-June period, half the expected pace, raising doubts about the strength of the recovery and highlighting the impact of Europe's debt crisis on worldwide demand.

Volume was light on Monday, with about 4.5 billion shares traded on the New York Stock Exchange, the American Stock Exchange and Nasdaq, well below last year's daily average of 7.84 billion. (commentary & photo courtesy of Reuters)

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RSI has changed its position on APPL from hold to buy.  It has recovered from its selloff that started in early April.

RSI has three new favorable funds, ITB, IWF, and IWN. These three have recently staged a comeback. Take a look at them.

Catch you next week.