The broader market has been churning around its highs over the past few days as the NASDAQ Composite Index keeps posting new highs. This has been driven mostly by continued strong action in the big-stock NASDAQ 100 names, including the biggest of the big-stocks, Apple (AAPL).
The stock streaked higher over the prior three days before finally running into some selling today. On its face, the action might strike one as a shade on the climactic side. But today AAPL held tight as selling volume dissipated in a hurry. With big-stock NASDAQ leaders like AAPL holding gains in begrudging fashion, the market remains in a constructive frame of mind.
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