Thursday, June 11, 2015

More Than A Correction

Markets trying to fight off recent sell-off.  This has been the first time this year where stock indexes are selling off with trend indicators turning to a negative bias hinting at more than a correction but the beginning of a major move downward.   AAPL one of the first to indicate negative trend warning.


Last Friday's CoverRisk.com data.

AAPL Trend Indicator/ Down

Call Veracity YTD

23
Call Veracity Run 2008 – Present
113
Event Price

57

Weekly Close

128.65
AAPL YTD

18
Run Performance 2008 – Present
100