Apple is the only bright spot, but after an extended breakout through a prior peak it is not a buy because breakouts are often sold and earlier peak breakouts met selling. A pullback to around 340 next week would not surprise.

Apple is the only bright spot. I'm telling you to be careful here. I just broke through the level. So, just like all the other breakouts we talk about, you do n't want to be a buyer on these breakouts when the stock is already extended because breakouts are often met with selling.

Breaking through this peak, breaking through this peak, was met with selling, and selling. I wouldn't be surprised at all to see Apple drop back down to around 340 next week.