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Apple Still No. 1 as Traders Shun ETFs: July at TradeStation
David Russell
July 31, 2019

Apple (AAPL) was the most popular stock among TradeStation clients in July, holding the top spot for a fourth straight month.

The ranking table was little changed from June, with traders still focused on high-profile technology companies. They’re also avoiding exchange-traded funds (ETFs). That’s common in a low-volatility stock-picker’s market.

Here’s the complete list:

  1. Apple (AAPL): The smartphone giant held its top position from June.
  2. Tesla (TSLA): The electric-car maker rose from fourth most active last month.
  3. Netflix (NFLX): The streaming-video stock rose from No. 11 as it reported earnings.
  4. SPDR S&P 500 ETF (SPY): The market-tracking fund slipped two notches. It was the only ETF to make the list in July.
  5. Facebook (FB): The social-media giant slipped from third place the previous month.
  6. Amazon.com (AMZN): The e-commerce behemoth kept its position from June.
  7. Nvidia (NVDA): The semiconductor firm inched up two notches.
  8. Advanced Micro Devices (AMD): The chip maker declined from the No. 5 spot.
  9. Micron Technology (MU): The memory-chip supplier slid two positions from June.
  10. Beyond Meat (BYND): The plant-based food innovator inched down from eighth the previous month.

The following symbol was the only to exit the list:

  • ProShares UltraPro QQQ (TQQQ) : The leveraged Nasdaq-tracking fund dropped from 10th in June to 12th in July as investors shunned ETFs.
Tags: AAPL | AMD | AMZN | BYND | FB | MU | NFLX | NVDA | SPY | TQQQ | TSLA

About the author

David Russell is Global Head of Market Strategy at TradeStation. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.