KALTBAUM PREMARKET

The market will bounce…but it will be jagged. The NASDAQ/NDX will bounce…all it will take is one good day out of AAPL or GOOG. I just noticed AAPL is down a whopping $53 BELOW the 200 day average. That is amazing and unprecedented since the 09 lows. Yes it can bounce but the fact it is so weak is telling.

 

Just relaxing and watching here. S&P futures are down…NDX futures are up a smidge as AAPL is up $4.

 

DIS gapping down 5%…just another name that has a major chart break…and is in the DOW.