Apple, Autos, Earnings & DC

The Market: The markets started off somewhat muted and then took off heading strongly higher and even closing not much off the highs.  Th leader of the day was the Tech sector and inside tech it was Apple (AAPL) that had a strong showing closing up over 2% on the day on analyst upgrades and optimism on multicolored iPhones and lower price points..  Lagging was the Utilities which via the ETF XLU only managed to eek out a small gain. In economic news, the Trade balance came in with a greater deficit than expected while auto sales were stronger than…