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Market Key Breaks Down

Please click here for a chart of Apple (AAPL)

Note the following:

  • The capsules are about the big picture and not about individual stocks.  In yesterday’s Morning Capsule and today’s Morning Capsule, we discussed AAPL stock to make the bigger point.  In yesterday’s Morning Capsule we wrote,

The Apple news triggered a set up for a 5% – 10% drop in the stock market.

  • Yesterday’s Morning Capsule headline read “MORNING CAPSULE: UNPRECEDENTED BANK OF ENGLAND INTERVENTION RESCUES MOMO CROWD AFTER APPLE RUINS THE RALLY.”