After falling 11 percent within a two-week period, Apple bounces back. As of this writing, going into the last hour of Wednesday’s trading session, investor enthusiasm continues as Apple bounces back from an awful start of the new year.  As of 3:04 EST, Apple (NASDAQ:AAPL) has advanced by 4.66 percent on the day.  From its January 2 closing price of $549.03, Apple sank to 485.92 at the close of Tuesday’s session, for a loss in excess of 11 percent.  Goldman Sachs (NYSEARCA:GS) also jumped higher than 4 percent during Wednesday’s trading, after reporting annual  earnings of $14.13 per share during 2012. As of 2:28 EST, the Dow Jones Industrial Average declined 23 points (0.17 percent) to 13,511.  The S&P 500 Index crept upward by 0.05 percent to 1,473 (NYSEARCA:SPY).  As the chart (at left) indicates, the S&P 500 continues to hold above its previous resistance level – its September 14 closing price of 1,465.77.  Its Relative Strength Index is 64.75 (Chart courtesy of S tockcharts.com ).  The Nasdaq Composite advanced 0.44 percent to 3,124 (NASDAQ:QQQ).  The Russell 2000 Index declined 0.21 percent to 882 (NYSEARCA:IWM). The “Dollar Bull” Index ETF (NYSEARCA:UUP) advanced 2 cents (0.09 percent) to 21.79 as of 2:22 EST. As of 2:10 EST, the S&P 500 Volatility Index – or VIX – declined 1.85 percent to 13.30 and the VIX Short-Term Futures ETN dropped 2.61 percent to 25.36 (NYSEARCA:VXX). The Euro STOXX 50 Index finished Wednesday’s session with a 0.04 percent advance to 2,702 – staying above its 50-day moving average of 2,596.  The STOXX 50 is holding above its March 19 high of 2,608 and it continues to be experiencing resistance at the 2,700 level.  Its Relative Strength Index is 62.93.  The FTSE 100 Index declined 0.22 percent to 6,103 (NYSEARCA:EWU).  The German DAX Index rose 0.20 percent to 7,691 (NYSEARCA:EWG).  France’s CAC 40 Index climbed 0.30 percent to 3,708 (NYSEARCA:EWQ).  Spain’s IBEX 35 Index declined 0.23 percent to 8,581 (NYSEARCA:EWP).  Italy’s FTSE MIB Index dropped 0.73 percent to 17,339 (NYSEARCA:EWI). As of 2:16 EST, the euro declined 0.11 percent against the dollar, trading at $1.3291 (NYSEARCA:FXE). EUR/USD Dips on Global Growth Estimates On London’s ICE Futures Europe Exchange, March futures for Brent crude oil advanced by 28 cents (0.26 percent) to $109.35/bbl. (NYSEARCA:BNO, NYSEARCA:USO). February Gold futures declined by $2.30 (0.14 percent) to $1,681.60 per ounce (NYSEARCA:GLD). Gold Miners Hold Firm ETF Summary:  SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA)  -0.10%  Investors remain cautious as quarterly earnings reports are mixed. SPDR EURO STOXX 50 ETF (NYSEARCA: FEZ )  -0.62%  as Germany appears to be following the rest of the Eurozone into recession. Technology Select Sector SPDR ETF (NYSEARCA:XLK)  +0.65%  as Apple bounces back on Wednesday, giving the rest of the tech sector a boost. iShares Barclays 20+ Year Treasury Bond Fund (NYSEARCA:TLT)  +0.21%  following Wednesday’s remarks by FOMC member and Boston Fed president Eric Rosengren that the Fed could expand the current round of quantitative easing if there are continuing difficulties fulfilling its dual mandate of full employment and price stability.   Learn More About iShares ETFs SPDR S&P 500 INDEX ETF (NYSEARCA:SPY)  +0.09%  as investors tiptoe through the current quarterly earnings reporting season. Bottom line:  Apple’s impact on the entire technology sector was again evident on Wednesday, when the company’s share price surged in excess of 4 percent.     Sign up for Wall Street Sector Selector’s FREE Stock Market Timing Indicator!    Disclaimer: The content included herein is for educational and informational purposes only, and readers agree to Wall Street Sector Selector’s Disclaimer , Terms of Service , and Privacy Policy before accessing or using this or any other publication by Wall Street Sector Selector or Ridgeline Media Group, LLC.