Nasdaq ETF Needs Apple to Hold at 50-Day Average
May 03, 2011 at 08:20 AM EDT
Wall Street darling Apple (NasdaqGS: AAPL) has been volatile since reporting blowout quarterly earnings and traders are watching closely to see if the stock can hold at its 50-day moving average, a key technical indicator. Apple is the largest holding in PowerShares QQQ (NasdaqGM: QQQ), the...
