Nasdaq futures. They’re the only thing that’s taken out the lows of last week. And the reason, simply, is Apple (NASDAQ:AAPL). It makes up almost 20% of Nasdaq futures, so with that stock being down another 10 points or so, that’s the only thing that has taken out the lows. When it comes to Dow or the Russell or the SPDRs–all the other futures are flat to slightly up, primarily because they don’t have Apple as a huge weighting. Now, with the S&P 500, Apple does make up like 5% of it, but it’s still really early.
- Trade of the Day
- What Makes Us Tick
At 24/7 Trader, you have full access to some of the market’s most experienced and successful options trading experts, and you can connect with other options traders who are down in the trenches just like you.
Our options experts have seen it all, and they’ve backed up the truck in all kinds of markets. What better way to learn (and profit) than from someone else’s experience? Read More
- 24/7 Trader Partners