AAPL Finds Support...Few...

Apple (AAPL) Weekly

• AAPL still in a Bearish Fork
• Found support in bottom of the Bear Fork
• Break above 550 would be very Bullish
• Break above 650 would end the Bear Fork
• Would be VERY careful if long AAPL
• Have stops in!

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!