What’s next for Tesla and Apple stock as September gets underway?

In this market update, we take a closer look at two of the biggest Magnificent Seven stocks, including the key technical levels to watch for Tesla and what Apple’s latest leadership developments could mean for its share price. Tesla has seen a significant move higher, but could a pullback now be on the cards? We look at key resistance levels, including the $399 200-day moving average and the important psychological $400 level. Apple is also facing a potentially important few weeks. We discuss the latest developments surrounding Tim Cook and Apple’s leadership, recent volatility in Apple shares, and what investors should be watching next. We also look at the wider US stock market after a mixed summer, with August marking the first positive month for both the Nasdaq and S&P 500 since May. 📊 In this video: • Tesla stock outlook and potential sell-off • Tesla’s $399 200-day moving average • The key $400 resistance level for Tesla • Apple stock outlook • Tim Cook and Apple leadership changes • Apple share price volatility • Magnificent Seven performance • Nasdaq and S&P 500 outlook • Key market risks to watch in September #Tesla #TeslaStock #TSLA #Apple #AppleStock #AAPL #TimCook #StockMarket #StockMarketNews #MagnificentSeven #Nasdaq #SP500 #Investing #Trading #MarketAnalysis #xtbatam ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- This presentation is provided for general information and marketing purposes only. Any opinions, analyses or other content does not constitute investment advice or a recommendation. Any research has not been prepared in accordance with legal requirements to promote the independence of investment research and as such is considered to be a marketing communication. XTB will not accept liability for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use or reliance on such information. Please be aware that information and research based on historical data or performance does not guarantee future performance or results. Past performance is not necessarily indicative of future results, and any person acting on this information does so entirely at their own risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.