Apple

  • AAPL

  • $229.81

  • +0.68%

  • $232.12

  • $232.29

  • $228.48

Granny Shots

Ticker Appearances

First Word
Fri, January 17, 2025 | 7:50AM ET
Tomlee
Tom Lee, CFA AC

Head of Research

Positive week with fundamental surprise (soft CPI) and early signs of sentiment capitulation = 2025 tracking well.

VIDEO: This was a positive week for markets because we saw favorable CPI readings which quell inflation hysteria and there are signs of market capitulation....

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Thu, January 16, 2025 | 12:40PM ET

⚡ FlashInsights

Thu, January 16, 2025 | 12:40PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy
🔥 🔥 🔥
AAPL 0.68%  decline today is a minor negative given its weight within ^SPX 0.95%  and QQQ 1.60%  and as daily charts show, the stock is set to make the lowest daily close since mid-November. Given AAPL's importance within SPX, this stock remains important to concentrate on, and will need to stabilize before being able to suggest that a move back to new highs is imminent. Under 230 might very well lead to 220 in short run, but would be a very attractive risk/reward on any further weakness that undercuts 225 and will be right to watch for signs of bottoming.
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