Appl futures are benefiting from broad risk-on

appl futures are benefiting from broad risk-on flows in tech, a rotation sparked by easing global recession fears. In relative terms, Apple’s low debt profile aids investor confidence in its futures pricing. Apple Inc. (NASDAQ: AAPL ) had a busy week with a series of events that could potentially impact the company’s future. Here’s a quick recap of the latest news surrounding the tech giant. The ultimate bull case, Siegel concludes, would be a re-acceleration in productivity combined with the Fed’s easing policy, which would create “disinflationary growth and multiple expansion”. While this scenario is “very much alive,” he adds a note of caution, stating, “we are closer to the top of this bull run than the April bottom”. The futures market is pricing in strong holiday season demand for Apple’s devices, with appl futures contracts outpacing S&P 500 futures over the past five sessions. Seasonal factors are a key support driver here.