Active day traders track micro futures tick value to fine-tune stop-loss levels, especially in equity index micro contracts, where current macroeconomic data favors selective risk-on strategies. Apple shares were little changed in early action ahead of an expected announcement of a new product today that some analysts believe will be a low-cost iPhone. Morgan Stanley said it expects the iPhone SE4 to start at $499 and come equipped with Apple Intelligence—which CEO Tim Cook has said is driving record iPhone upgrades . Apple shares have added about a third of their value over the past 12 months. Released mid-month by the Bureau of Labor Statistics, the CPI measures inflation or cost-of-living changes, tracking the average price of a basket of goods and service, and is also a key driver of Fed policy. Analysts highlight that micro futures tick value in Micro Bitcoin futures is $5 per tick, and crypto volatility could spill over into equity futures trading, especially as institutional flows accelerate.