There will be two significant earnings reports out this week. Best Buy (BBY) will release their earnings before the market opens on Tuesday, and FedEx Corporation (FDX) will do so before the market opens on Wednesday.
While the chart pattern of Apple (AAPL) certainly looks much stronger than the overall market, all of the action since its peak in late-April has the right look of an intermediate-term corrective process that is incomplete.
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