CLIFF NOTES: The second-biggest application of palladium in electronics is in the manufacture of multilayer ceramic capacitors, in which palladium (and palladium-silver alloys) are used as electrodes. Palladium (sometimes alloyed with nickel) is used in connector platings in consumer electronics. It is also used in plating of electronic components and in soldering materials. The electronic sector consumed 1.07 million troy ounces (33.2 tonnes) of palladium in 2006, according to a Johnson Matthey report.
CLIFF NOTES 2: for a while it was nearly perfectly synced w/ AAPL until AAPL went parabolic. It has recently broken out of a consolidating triangle while AAPL corrected from it’s near 50 % drop. Once AAPL bottomed, XPD started the leg up. Now we have what is called a butterfly top into the .786 from the old time high.
STRATEGY: watch this level on XPD (880-895) for signs of a top (weekly signal reversal candle) and w/ this confirmation would lighten/close any long AAPL positions. IF we get a WEEKLY close above the 895 level then continue to hold AAPL long.