Sunday, March 3, 2013

Personal Income Falls Off A Cliff!!

Real Personal Income Annual Change...
Chart From Streettalklive.com
  • GDP in the United States is a 70% consumer driven
  • Slow down in income will be a slow down in spending
  • Slow down in spending = Red GDP
  • Bulls need this to turn around FAST!

Saturday, March 2, 2013

Death of AAPL? Top almost in for the Market?

Apple (AAPL) Weekly

  • AAPL in a Bearish Fork
  • Break below lower end of the fork would be VERY BEARISH
    • Next major support is near 400 and 350
  • Bulls need a break above 550
  • AAPL must hold here or could fall below 300!!
Top Almost In?
Chart from Zerohedge
  • Good news there is a large amount of buying
  • Bad news it is all on margin!!!
  • History is a guide, we could be in trouble....
  • HAVE STOPS IN..