With the AAPL news, premarkets are up. AAPL is trading at:
AAPL 128.14 6.63 5.46% 897,868
SPY/SPX formed a diamond/H&S/symtriangle formation at the price channel bouncing off from the lower support.
SPY 84.77 0.23 0.27% 6,885,962 Premarket
Pivots 84/83
small 2 SPY charts:
http://trend-signals.com/
(I don't have the time to upload and to post on iHub which I have done since Jul 2004 and need to save my time - probably convert to newsletter.)
The Blair comment does not bode well as he is continuing to hype markets instead of rational remedy for deteriorating American wealth, e.g. continuing to promote trade deficit and job export from US to other country -- those are the main reasons that millions of Americans are suffering.
Brief market comments:
http://trend-signals.blogspot.com/2009/04/finally-markets-are-showing-down.html
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