Pre-Market Brief

As I expected, despite the AAPL decline, the main indexes are largely ignoring it, and the sp is set to open -2pts or so @ 1492. Its going to take a lot more than AAPL to upset this market. Metals are especially weak though, with Gold -$13 or so.


sp'60min

sp'daily5

Summary

I'm not expecting too much today. Maybe we'll finally put in a moderate red close, but really, we'll be lucky to see -0.5% on the main indexes.

AAPL -10% in pre-market, with NFLX + 40% ...FORTY percent, after a 13 cent profit, that works out at a PE of 200 or so. Clearly, a bargain.