March 26, 2019

ROKU Finds A Friend in Apple

All eyes were on the AAPL presentation yesterday and that caused ROKU to rally strongly and then sell off quickly, but in the end, ROKU ended up trading in the upper portion of their range today. For me, I saw the AAPL news as a positive for ROKU. For one, they will be able to integrate Apple’s new app on their platform. That was key. They weren’t going to lose current clients to AAPL. From there, the AAPL news was not a deterrent to ROKU investors, but instead gave them a safer feel towards the longer term outlook. I think ROKU still has a chance to rally in conjunction with the rest of the markets. The biggest near term hurdle has been covered so far. ROKU will not get crushed by AAPL and that is always a great thing. Be one with your company, crushing competition and not the opposition.

about the author:

Charles Moon

Charles Moon is a technical "whiz kid" whose experience lies in scalp/swing trading. A patient educator, Charles excels at coaching/mentoring and can make complex concepts simple. Prior to joining the ranks of Prosper Trading Academy, Charles was a proprietary equities trader with Great Point Capital LLC. Coming from a retail trading background, his experience can help those with no experience trading to seasoned veterans.

Read Similar Articles

July 12, 2026

The Week Ahead: Here We Go Again

SECOND QUARTER EARNINGS The U.S.-Iran war seemingly erupted again this week, but the market ultimately shrugged it off. The S&P 500 rose to end just short of a record ​high on Friday, as a blockbuster Nasdaq debut of South Korea’s SK Hynix fueled optimism about memory-chip makers, while ‌investors looked ahead to quarterly earnings season kicking […]

Read Article
https://www.prospertrading.com/bauer-sk-hynix-ipo-070926/SK Hynix IPO: Caution Ahead Despite the Hype
July 10, 2026

SK Hynix IPO: Caution Ahead Despite the Hype

The SK Hynix IPO is one of the most anticipated listings in recent memory, arriving seven times oversubscribed before it even opened. Scott Bauer joined Fox Business yesterday to break down what traders should actually expect and why the SpaceX playbook is worth studying before you jump in.

Read Article
https://www.prospertrading.com/charlie-moon-asml-070626/Charlie Moon Trades ASML on Schwab Network
July 8, 2026

Charlie Moon Trades ASML on Schwab Network

Charlie Moon joined Schwab Network to break down a live options trade on ASML, a semiconductor name he says is approaching a level that could determine its short-term direction entirely. Here’s the setup and exactly how he’s playing it.

Read Article

Sign Up to Receive the Latest Trading Tips and News from Prosper

Categories

Most Popular

CONNECT WITH US

Read Similar Articles

July 5, 2026

The Week Ahead: Happy 250

The Dow rose more than ​1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. ‌jobs report eased worries about interest rate hikes, while another sharp drop in chipmaker stocks weighed on the Nasdaq. The second half of 2026 kicked off this week much the same as […]

Read Article
June 28, 2026

The Week Ahead: Darn Inflation

A renewed sell-off in technology stocks grabbed headlines this week. The Nasdaq index fell 4.5%, closing lower 5 days in a row, led by a large 5.5% decline in the so-called Magnificent 7 mega cap names. Meanwhile, the post IPO exuberance around SpaceX appears to be fading, with shares now down 25% from their peak. […]

Read Article
June 21, 2026

The Week Ahead: We Got Warshed

Equities finished the holiday-shortened week with a more complicated message than the headline indexes suggested. The Dow Jones Industrial Average pushed to new records this week, helped by industrials and financials, while the broader market wrestled with a hawkish Federal Reserve, rising 2-year yields, and an increasingly narrow technology trade. The week’s major geopolitical headline was […]

Read Article