Apple’s Bounce at 200-Day Average Powers Nasdaq ETF
October 05, 2011 at 08:48 AM EDT
Apple (NasdaqGS: AAPL) shares were under pressure Tuesday on disappointment the tech darling didn’t unveil iPhone 5, but rather a new version of iPhone 4. However, the stock bounced sharply at its 200-day moving average and helped pull the overall market higher. Stock exchange traded funds...
