Apple Not Sweet Today…Here’s Why

Stocks ended mixed today.  Equities
finished the last trading day of the week mixed as the S&P
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$SPX.X |
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slightly while the Dow
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Motors
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today as tech stocks sold off after Intel’s mid-quarter update.

In economic news, Trade Deficit in April widen by an expected 6.3% to -$57
billion. Treasury Budget for May came in better than expected at a -$35.3B. 
Export prices in May fell by 0.4% and Import prices fell by 0.3%.

Imaging software maker Adobe Systems
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off session lows.  Reports of a rival software product from Microsoft
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Shares of Apple Computer
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tumbled nearly 5%.  This came after reports suggest that Microsoft is
planning on launching their own online music subscriptions service. 

Strong sectors are:  Gold Bugs

(
$HUI.X |
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+3.71%    Chemicals
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$CEX.X |
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Weak sectors are:   
Semiconductors
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$SOX.X |
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$DOT.X |
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-1.43%     Healthcare
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$HMO.X |
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