Nasdaq ETF: Apple Threatening to Break 200-Day Average
November 25, 2011 at 11:43 AM EST
The Nasdaq-100 was higher in Friday’s shortened trading session but it lagged the broader stock indexes as top component Apple (NasdaqGS: AAPL) lost ground. Apple is testing its 200-day simple moving average, a level it hasn’t traded below since June. The stock exerts a strong influence on the...