Dangerous Conditions Ahead
We finished near the highs but it definitely was not a pretty day. We had substantial point losses, ugly breadth and very little bounce action. Apple (AAPL) struggled again and all those dip-buyers who couldn't wait to jump in a month or two ago were sitting on their hands doing little.
The big question is whether AAPL's earnings report tomorrow night can change the mood of the market, which has turned sour recently. Negative AAPL sentiment affects the market in numerous ways, and it is hard to imagine any sustained upside without AAPL participating....205 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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