Mega cap tech stocks have lagged the broad NASDAQ and the S&P 500 for many months. Recent market action suggests that this could be changing. Apple makes up 12% of the NASDAQ 100 Index alone. A new uptrend for the world's largest technology company by market cap would pull the NASDAQ 100 Index into the lead. It's also worth noting that other tech giants like MSFT, CSCO, INTC, AMZN and GOOG also have bullish charts. Follow the QQQ.
