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“There, where I have passed, the grass will never grow again.” – Attila the Hun
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It’s a quiet Friday morning so far, so below is an updated look at where the mega-caps stand heading into this final trading day of the week. While seven of eight are all more than 5% above their 50-day moving averages, Apple (AAPL) remains stuck in a downtrend and is 2.6% below its 50-DMA.
The last six months have been a struggle for Apple (AAPL), which is sitting below $200/share after peaking just below $260 on the day after Christmas 2024.