Apple is arguably the key bellwether for the U.S. stock market right now, and that’s why we are monitoring its vital signs very closely. Over the last two days, although the broad averages have fallen along with Apple shares, the stock left a bullish marker on the daily chart before it began to recede. With weak earnings reports due over the next several weeks, our gut is saying “Sell everything!” However, you’ll see in this recording why there are reasons to believe the stock market may be developing thrust for another leg up.
