Bespoke tweets “AAPL is now down 19.49% YTD through the first 48 trading days of 2013. Its 4th worst start to a year (through 48 days) since 1983. 3 worse starts for AAPL were 1985, 1997 and 2008. Was down the remainder of the year in all 3 years.” <My take is that while Apple may have more downside ahead of it, it’s cheap enough to own some now, with a longer term time frame. And I do own some now, from $450.>
Bespoke blogs about Sector Relative Strength By Market Cap. Interesting Read.
BI blogs an absolutely worthless excerpt from a Richard Russell piece. Worthless.
Carl Icahn buys another 322,000 shares of HLF @ 41.45 average. Icahn/HLF
Barry Ritholtz blogs about JPMorgan sketchy shenanigans. Shenanigans.
UKarlewitz shares a chart reflecting on the number of days between 5% pullbacks since March ’09. Pullbacks.
Market Anthropology shares a new post regarding his bearish stance on Apple, Inc. Apple Picking.
After 5 days of riding its upper BB (std. dev 2), SPY has retreated from it. <I am expecting the market to pull in more>
