Intesresting Open

Once again the 3C concept of picking up where we left off once the cash market opens held true AGAIN, despite the Index future charts pre-market talked about here, A.M. Update and from Friday's The Week Ahead post,

"Except for the SPY, it looks like weakness Monday on the cash open, in fact it looks like weakness most of the week."

 ES 1 min selling off on the cash open as the 3C charts forecast late Friday for the Monday morning cash open, despite positive looking Index futures, this concept has held amazingly well, I didn't even think it would this morning.

R2K futures also selling off on the cash open....

As mentioned over the last several weeks with increasing frequency, there have been some unusual signals in treasury markets (mostly futures) which I'm trying to get my head around, I also want to give them enough time to reflex the last F_O_M_C meeting and see if anything changes there, but I plan to cover them in depth this week as some longer term assumptions we had about Treasuries, suddenly shifted quickly over the last month+plus on the 3C charts.

I hardly believe AAPL's news this morning that they are going to offer (through DB and GS) $5bn in bonds from 5 year floating rate to 70, 10 and 30 year fixed rate. to be used for "General corporate purposes" (i.e.- buybacks and dividend payments), however interestingly it is moving the US Treasury market.

30 year Treasury futures drop on AAPL's SEC filing for the new debt issuance.

Looking at AAPL's 5 min chart it's hard to know if this is just a reflection of the broader market or perhaps the GS and DB deal was leaked, would Goldman do such a thing as trade on insider information?