Fruit of the Looming Earnings Report

With AAPL (and YHOO) reporting earnings tonight after the bell, we have some high stakes in play. The AAPL daily stopped short of clearing the prior $115 level above I had discussed as being critical to overtake in order for bulls to commence a fresh leg higher out of the highlighted falling channel consolidation in what has been an otherwise impressive uptrend. AAPL is not necessarily a market growth leader anymore, largely due to the "law of large numbers" finally catching up with it, to an extent.. But due to its weighting in the Nasdaq it certainly merits watching how the stock reacts to tonight's call. See you after the bell for my video market recap.