Nasdaq Futures down on Apple news and stock Alert: TPI on AMEX

What happens when you base 20% of the Nasdaq on a signal stock?  You leave yourself open for days like tomorrow.
Apple CEO Jobs Takes Medical Leave, Cook to Fill In

The futures market did not take this news lightly

This is a current snapshot of the US futures market.  The Nasdaq futures were down 1.3% early today.  Tomorrow will be an interesting ride to see how markets rebalance.

STOCK ALERT: TPI

I will be considering a position in this stock depending on how the next couple of days pan out.  It looks like there could a a slight move lower to the 2.66-2.68 level then blast off.  At the beginning of October strong buy volume entered this stock and the stock is currently trading at the lower of this range.  Similar to other small cap phama stocks, I would expect this stock to have a health rebound possibly to the test the $3.00 level (200 MA).