After last week’s fiscal cliff resolution-inspired rally US stocks edged down in mid-Monday trading as investors turned their attention towards the start of the new corporate earnings season.   "It looks like we're catching our breath as we head into fourth-quarter earnings " said Ryan Detrick senior technical strategist at Schaeffer's Investment Research according to CNBC. "We're seeing some very similar action to last year where expectations are low and you already have a lot of negativity out there. So any good news at all could be a potential catalyst for equities."   The Nasdaq Composite (INDEXNASDAQ:.IXIC) was down 0.32% to ...