MARKET UPDATE

After looking at all of the market averages as well as Index Futures, I see the same intraday negative divergence that has been there most of the day. All of the charts that matter and that influence my decisions are very strong.

If I'm not mistaken, then a consolidation or pullback tomorrow through part of the day, I suspect early trade, morning or the first half, would not be unusual, nor would it be cause for concern in my view. If I'm correct, AAPL reports after the close, I believe that this may indeed be the trigger used to explain to dumb money the "out of nowhere" rally that we are looking for and seeing.

I'm not making any changes other than what has already been stated. I'm just going to be... PATIENT