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Daily Game Plan: Banks Rally, Apple Swoons
After another day of whippy price action markets remain situated near their highs of the day led by large-cap financials and Dow Jones Industrials.  Currently the Dow (INDEXDJX:.DJI) is leading other indexes up 0.9% on the day while the S&P 500 (INDEXSP:.INX) is up just 0.4%.  Bonds are flat on the day while commodities are slumping on the heels of Goldman Sachs’ lowered price targets on gold.  Commodities have decoupled their typical inverse correlations with the US dollar over the past few weeks and this relationship should be monitored going forward. Apple (NASDAQ:AAPL) is having an awful day down ...
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