View: AAPLvsNQ_Daily_April272015.jpg


Heading into AAPL's earnings this afternoon, we see the /nq start to diverge somewhat from its largest component (14.6% as of Friday). 

Note through March that AAPL topped & bottomed before /nq. 

Since March, /nq outperformed AAPL. 

This suggests larger players rotating into other NASDAQ 100 leaders, and a POTENTIAL for AAPL underperformance on a relative basis going forward this quarter.


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