kaltbaum email

A somewhat wicked day…until AAPL held the 50 day at about 3 pm. As it lifted, the market lifted. For the market, very important AAPL holds that all-important area. Depending on tomorrow’s open, one could look to take a position in AAPL and held as long as it holds that 50 day average which sits at about $651. I will alert you in the morning.

I am also on watch with LULU right now…good cup and handle but somewhat wide and loose.

Also looking at the homebuilders on this pullback and will look at if I see them hold.

There is some distribution but not enough to take market down much.

Tomorrow night is debate which could be a market mover.