The CBOE Volatility Index, the market's so-called fear gauge, stretched over a 22 percent range in each of the last two weeks, its first such streak since March.
Apple's stock performance during WWDC isn't a cause for optimism. In fact, going back five years, AAPL's average return during the five-day conference is negative 3.92 percent.
The weakening of the dollar against yen as it breaks 100 drags Dow Jones Industrial Average below 15000 level.
Tuesdays have been exceptionally good for the Dow Jones and if the index finishes higher today, it will mark the 20th consecutive positive Tuesday close.
The Dow is up nearly 22 percent since mid-November. Many think the market's overdue for a pullback, but historical correlations indicate that it may not be.
More than 86 percent of the S&P 500 stocks are trading above their 50-day moving average. Some of those companies, however, have significantly broken out from their trading range.
After a temporary drop in the second half of March, short interest is back on the rise.
Since 1979, there have been six previous instances when gold plunged more than 10 percent in two days.
The S&P 500 Health Care Sector rose to another record high Tuesday, led by managed care companies such as Humana and UnitedHealth Group.
After falling more than 40 percent from its all-time high of $705 back in September, Apple is showing signs of a comeback.