Tuesday, April 30, 2013

Prelude to a KISS…and not the good kind

Add to all the discombobulated patterns going on in this market that Spot Gold -0.1% Spot Silver -1.33%; Spot Platinum −0.36% and Spot Crude is down over $1.3 and the US Dollar DXY is down .45%. 

Add to that the Apple bond offering which has everyone bullish bullish bullish when in fact, the AAPL bond will be taking billions of dollars out of the market…that’s weeks of QE and its also likely not to generate sustained follow through for AAPL shares…things are just not adding up.
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