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.