Apple knows how to make money and game expectations on earnings. As mentioned several times on BaseOp2, analysts covering Apple are always surprised by the powerful earnings which they themselves always seen unable to anticipate. There motto should be, " if its news about Apple, its news to us."
Anyway, the tech sector has the greatest brand names which makes it easier for the forever hopeful investor to give it a shot. Debt talks yielding anything which raises the national tab will be viewed as favorable with the market Bears turning again to the Euro Zone and US jobs. A foul up on debt talk would of course scramble the nervous and the market would be playing with an unknown radical factor with weird negative volume and volatility.
There are some unusually negative indicators in the stock indexes which have been running all year. This year more than ever, every trading house of size and experience is committed to the momemtum play, running money infront of each second of opportinity. This has created an odd techinical profile which holds extremely negative downside potential if energy from the momentum lemmings decide down is where happiness lives.
