AAPL opened down 24 pts as CEO Steve Jobs is reported on medical leave. If the brains behind iPod, iPhone, and iPad dies its doubtful the company will maintain its valuation. However after the opening drop down, the stock recovered 20 1/2 points to finish only down 3 1/2 points. AAPL also reported earnings as the stock initially jumped 13 points in the first two minutes to 357 only to drop to 345 over the next few hours.
50-day new highs expanded to 314 across all the indexes.
Aerospace & Defense at new highs as LMT and BA sport 3% gains.
Agriculture Chemicals did well as POT rose 1%.
HMOs at new highs. WCG up 4%, CI up 2.77%, AET up .8%.
Medical Appliances ISRG up 2.7% to 296. Earnings report after the bell on Thur.
Nasdaq big cappers did well. GOOG at new high up 2.48% to 639.63. AMZN up 1% to 191.
OIH up .65%. EOG up 2% to 102.88. VLO up 2.3%
Semiconductors up .4%. SPRD up 2%. MCHP up 1.1%.
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