Dow Theory states that when both the Dow Industrials and Dow Transportation indices both reach new all time highs that a bull market is in play. Yesterday both of these things happened; solidifying the bullish outlook for the next few months and making a case against the "sell in May" strategy.
AAPL rides those trends as soon as it hits conversion line. About to enter bull cycle with it crossing above line 2 days ago. Trend usually lasts about a month. Price target $470's in next 30 days.
Shows people trading with the Yen are much more likely to use algorithms hooked up to computers to make quick trades based on the news. If you look at every other currency none of them reacted like the Yen did.
