Tag Archives: propping

‘Thank God for Apple’ and other tech stocks — they’re propping up the market

May 16, 2017 Comments Off on ‘Thank God for Apple’ and other tech stocks — they’re propping up the market

Many S&P industries are performing poorly, but outsized gains in tech stocks are making the market look better than the underlying trends reveal, TradingAnalysis.com founder Todd Gordon told CNBC on Tuesday. The S&P 500 index and the Nasdaq composite on Monday closed at record highs, while the Dow Jones industrial average broke a four-session losing streak and rose to within ... Read More »