Keys: Apple And JPMorgan Start To Break Down
The market has had one of its biggest non stop rallies in history. This quarter is the best first quarter of any year since 1998. The reasons for the markets success rely purely on the performance of two key stocks, Apple Inc. (NASDAQ:AAPL) and JPMorgan Chase & Co. (NYSE:JPM). Even yesterday, the markets trimmed their losses as both stocks turned early negatives into positive gains.
Today, both stocks are beginning to collapse. For the first time in months they are showing weakness together. While still early, these will be the key to any true sell in the markets.