Another leader in the market showed a significant breakdown today.  Do you know which stock it was?

(AAPL: 258.11 -2.85) has made a nice clean break of the 50 day moving average.  Volume is surging on these past down days.  This is a sign of institutional leadership selling the stock.  This is just one more chink in the armor of the current market rally.  (AAPL: 258.11 -2.85)’s relative strengthen has fallen to a 36.  That means that 64% of stocks in the market are outperforming Apple. 

Happy hunting!