Let's check out the latest charts and indicators of this bellwether stock.
Let's check the charts of DIS to see how investors may be reacting.
Watch whether AAPL declines less than the S&P 500 and if we can spot a bullish candle pattern.
It pays to watch when a stock turns up or down ahead of the broader market.
Some short-term traders may be sellers of Apple based on its charts, but it is hard to make the technical case for a meaningful correction or pullback.
This trio of reasons plus a chart that remains in a bull channel all point to a stock that should continue to outperform the markets in 2020.
AAPL will report Q1 earnings after Tuesday's market close.
I would look for renewed strength in the weeks ahead.
I think we'll see that the choice between Netflix, Disney +, and Apple TV + isn't a zero-sum game.