Retail, consumer cylcicals, housing, builders, transports, and the indices are hitting new highs;
the bears are getting squeezed.
Profit takers took the S&P to unch into the close while the DOW managed to hold onto 40 some odd points.
Guess I was wrong about a 15hundo close or better on the S&P, but with no money on line who really cares.
$AAPL spoiled a new high for the NASDAQ, but there is something to be said about all these new highs in the face of a 12% drop in $AAPL.
Chip stocks got crushed in the wake of $AAPL helping to hurt the NASDAQ.
DOW up 51
NASDAQ down 24
S&P up .73
WTI up $0.76
Gold down $20
If you enjoy the content at iBankCoin, please follow us on Twitter
