U.S equity benchmarks melted higher yesterday. The S&P hit our major three-star support dead on early in the session before reversing strongly and settling right at major three-star resistance. The two biggest companies in the world did what they do best; lead. Apple gained another 3% yesterday, tallying a near 10% gain on the week from our buy target at 188-190. Amazon added 2% and Microsoft 1.2% while the disheveled Facebook and Netflix both bounced back from recent earnings disappointments.
From:: Resource Investor