apple and goldman sachs are on fire

Apple and Goldman Sachs are two large cap names that have outperformed SPX by more than 70% YTD.

Both AAPL and GS have rallied back to pre-crisis levels.

(AAPL in unrelenting uptrend while both XLK and GOOG vs. SPX are trading relatively sideways)


Perhaps these names are in their own worlds. Other indicators of paper assets, such as XLF relative to SPX and GBP, have been losing upside momentum of late.

I am closely watching whether GS and AAPL continue their leadership as confirmation that the broad market uptrend is intact.