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MARKETS TAKE SEPARATE PATHS

|Includes:AAPL, C, DBC, DD, EEM, EFA, EPI, EWG, EWJ, EWP, EWY, EWZ, FXE, FXI, GDX, GLD, IEF, ITB, IWM, IYR, JJC, QQQ, RSX, SLV, SPDR S&P 500 Trust ETF (SPY), TLT, UGA, USO, UUP, XLB, XLE, XLF, XLK, XLY, XRT

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The more conservative price-weighted Dow Jones Industrial Average (NYSEARCA:DIA) rallied led mostly by higher priced constituents (IBM, CAT, MMM, KO, DD and etc.) Tech and the S&P took a different path with the former led lower by Apple and the latter with just about everything else.

The early Retail Sales report (.8% vs .3% consensus & 1% previous) was well-received early as even ex-auto & gasoline sales data was fine. However, the Empire State Mfg Survey (6.7 vs 18 consensus & 20.21 previous was a large negative miss. That was followed quickly by Home Market Index (25 vs 29 consensus & prior 28) which was another disappointment. Apple (NASDAQ:AAPL) continues to see selling for the fifth straight day as downside momentum builds. This added to the negative sentiment.

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Stocks: SPY, IWM, QQQ, AAPL, XLK, DD, XLB, XLY, XRT, C, XLF, IYR, ITB, IEF, TLT, UUP, FXE, GLD, GDX, SLV, JJC, DBC, USO, UGA, XLE, EFA, EEM, EWJ, EWY, EWG, EWP, EWZ, RSX, EPI, FXI