6 month chart for SLV and AAPL

Downward resistance was broken on 25-July-2012.  iShares Silver Trust (SLV) currently has an upward support line north of $32.  Look for a retest of 6 month highs of $36 in the near future.

Apple Inc. (AAPL) still demonstrating relative strength to overall market conditions.  Whenever a stock breaks out in a 52 week high, the caution flag should be raised as that is a sign to protect profits (eg. sell high buy low.)  Setting a stop at 660 would be prudent and possibly look to revisit a purchase at the support line of $600.  As much as I love AAPL products, I do think that AAPL is one of the biggest current bubbles.