February 19, 2020

Why $AAPL Will Be Our Leading Indicator Near Term $QQQ

The Nasdaq has been on a tear and the markets have shaken off the concerns of the Coronavirus. Look at $AAPL for example. The stock was knocked down in premarket trading and has rallied since their lows of yesterday. Even as the tech conglomerate basically warned investors they will fail to meet expectations, it became an immediate demand play for the short term buyers and investors. If $AAPL swings to new all time highs, we could easily see the company help propel the markets higher into the stratosphere. If $AAPL drags lower, well we know it can drag the markets with it. I feel it is a must to keep an eye on this stock closely in the near term.

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

https://www.prospertrading.com/chip-stock-rally-scotts-looking-for-this-big-move/Chip Stock Rally: Scott’s Looking For This Big Move
January 10, 2026

Chip Stock Rally: Scott’s Looking For This Big Move

There’s been a huge chip stock rally in the market that’s turning a lot of heads. Here are just a few examples: Chip stocks were among the big names that dominated at CES this year in Las Vegas. In addition to the growing demand for chips, AI, and data storage, it’s understandable why there’s so […]

Read Article
https://www.prospertrading.com/3-tech-stocks-charlie-moon-is-watching-in-2026/3 Tech Stocks Charlie Moon Is Watching In 2026
January 2, 2026

3 Tech Stocks Charlie Moon Is Watching In 2026

Traders started planning ahead for 2026 well in advance, with tech stocks being a major focus.It’s no secret that tech stocks have a huge influence on the market—in addition to the huge trading opportunities they can offer. Factors like high volume, volatility, and liquidity make tech stocks very attractive assets for traders to consider following. […]

Read Article
https://www.prospertrading.com/new-years-eve-trading-what-to-expect/New Year’s Eve Trading: What to Expect
December 31, 2025

New Year’s Eve Trading: What to Expect

With a full day of New Year’s Eve trading ahead of us, a lot of traders are wondering if any surprises might await them on the last trading day of 2025. Today will close out what has been an eventful year in the market. Trading was affected by significant events—from Liberation Day and a lengthy […]

Read Article

Read Similar Articles

https://www.prospertrading.com/chip-stock-rally-scotts-looking-for-this-big-move/Chip Stock Rally: Scott’s Looking For This Big Move
January 10, 2026

Chip Stock Rally: Scott’s Looking For This Big Move

There’s been a huge chip stock rally in the market that’s turning a lot of heads. Here are just a few examples: Chip stocks were among the big names that dominated at CES this year in Las Vegas. In addition to the growing demand for chips, AI, and data storage, it’s understandable why there’s so […]

Read Article
https://www.prospertrading.com/3-tech-stocks-charlie-moon-is-watching-in-2026/3 Tech Stocks Charlie Moon Is Watching In 2026
January 2, 2026

3 Tech Stocks Charlie Moon Is Watching In 2026

Traders started planning ahead for 2026 well in advance, with tech stocks being a major focus.It’s no secret that tech stocks have a huge influence on the market—in addition to the huge trading opportunities they can offer. Factors like high volume, volatility, and liquidity make tech stocks very attractive assets for traders to consider following. […]

Read Article
https://www.prospertrading.com/new-years-eve-trading-what-to-expect/New Year’s Eve Trading: What to Expect
December 31, 2025

New Year’s Eve Trading: What to Expect

With a full day of New Year’s Eve trading ahead of us, a lot of traders are wondering if any surprises might await them on the last trading day of 2025. Today will close out what has been an eventful year in the market. Trading was affected by significant events—from Liberation Day and a lengthy […]

Read Article