Two Best Looking Horses at the Glue Factory

How the mighty have fallen…again. As the saying goes, “The bigger they are the harder they fall!” FBWealth Strength IndexAAPL is Extremely Up and trending Up got hammered due to their forward walking stance. Here we have a company who has been chugging along in the high double digit category as far as earning increases are concerned to forecast possibly single digit growth. Yikes! Did I mention that insider selling over the last quarter was robust? How about a double Yikes! Twitter tumbled too. Try saying that fast a few times! Kidding aside, the question begs are we seeing a shift here or is it just a pause. Furthermore, how will the price action impact the divergence I’ve been chatting about on the channel. Important macro data on the hit list today and next weekend. Financial Intelligence Training students know why that’s important. Stay tuned, as well talk about that next week.