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Well the news of the morning is Apple (NASDAQ:AAPL)'s big upside move -- very impressive. From a big-picture perspective, I believe that the real "Leader of the Pack" that seems to continue to impact the broad markets is the the Bio Tech sector.
The SPDR S&P Biotech ETF (XBI) created a bullish wick at rising channel support last week and now could be creating a bearish wick at the Fib 38% retracement level.
The week is not over, so lets see where this leader stands at tomorrow night's close. Could be VERY important.
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