How Heavily Weighted Stocks Work

A Walkthrough of an Apple Day Trade 

Today we are looking at a high concentration weighted stock. It’s probably one of the essential stocks by my way of weighting in any of the indices. In fact, this stock has implications for the S&P, the NASDAQ, and even the Dow. 

We are talking about Apple. 

Apple is the number one weighted stock within the XLK ETF. It is also a heavily weighted stock within the NASDAQ. We watch apple because of its influence. If you have a way to trade or analyze apple, you’ve got an edge in just about every index and several ETFs, specifically XLK. 

Check out today’s video as I walk through our day trade on Apple.  

Keep up with the volatility!

Sign up now to receive Raghee’s FREE Countdown Trader Newsletter. This is where Raghee walks you through timely trades and strategies. A great resource for all your trading needs.

We will never sell your information to any third parties.

Free Downloads

34 EMA Wave, GRaB Candles & Darvas 2.0 Indicator Downloads

Identify trends, sentiment, momentum and key price levels with Raghee's free indicators.

TradeStation | ThinkorSwim

Propulsion Dots Indicator Download

A dynamic indicator based on the comparison of 2 EMAs in the form of buy and sell dots.

TradeStation | ThinkorSwim