CNBC's "Fast Money" Turning Sour On Apple… And Single Stock Volatility On The Rise 1/8/26
24 snips
Jan 8, 2026 Katie Stockton, founder of Fairlead Strategies and a renowned technical analyst, discusses her concerns about Apple as Alphabet surpasses it in market value. She highlights a troubling MACD flip that signals potential declines for Apple. Steve Grasso shares insights on how AI adoption could impact Apple's future, while Bonoan and Guy Adami contribute thoughts on trading strategies amidst rising single-stock volatility. The group also links Venezuela's developments to agricultural stock opportunities and debates macroeconomic influences on the tech sector.
AI Snips
Chapters
Transcript
Episode notes
Apple Showing Intermediate-Term Momentum Shift
- Katie Stockton sees an intermediate-term momentum shift in Apple with weekly MACD flipping to sell and 50-day broken.
- She warns next support near $243, about 6–7% below current levels and expects a volatile Q1.
Wait For Support Before Buying Apple
- Katie Stockton advises against selling or shorting stocks too far off their highs and recommends waiting for support discovery before adding Apple exposure.
- She suggests investors looking to add should wait for lower support levels to emerge.
Macro Direction Still Drives Big Tech Moves
- Steve Grasso views AI as a tailwind for Apple and highlights Google and NVIDIA as the best charts in the space.
- He stresses broader market direction matters since two-thirds of stocks trade with the market.