Going for the Big One

Apple is reversing down sharply as I write this, after earnings and what appeared to be some mild strength in pre-market trading. 

On the updated daily chart, below, note the prior highs asserting themselves, likely adding pressure to some initial selling here. Apple selling off on such big numbers would likely portend some more weakness going forward, though that would be more reliable on a closing basis. Therefore, I am watching to see if dip-buyers have their usual success in stemming the tide intraday. Indeed, if sellers were to finally make headway with AAPL, it would mark some type of change in character considering how prominent the stock is in the Nasdaq and how resilient it has been. 

As far as other big earnings movers, MRK and UPS are popping, while Ford is barely up. VDSI is up nicely, putting HACK cybersecurity components back on the radar if the strength sticks, though FEYE earnings are Thursday.