Apple has for quite some time been a market leader.  Now that the stock is seemingly rolling over what does it mean?  Part of the reason for weakness in the stock could be in anticipation of the rebalancing of the Nasdaq 100.  In either event the overall market has for now lost a bellwether.  In addition Apple reports earnings after the close on Wednesday and the split between company forecasts, the sell-side and independent analysts remains surprisingly wide.  One hope for Apple bulls is that the company pushes into another line of business.  This time the talk surrounds the TV industry and whether Apple can once transform another consumer product.  In today’s screencast a look at a scad of Apple-related news.

Items mentioned in the above screencast:

Has Apple put in a top?  (Peter L. Brandt)

Apple’s stock is down YTD.  (Bespoke, Apple 2.0)

Nasdaq launches Alpha Indexes.  (Tyler’s Trading, Nasdaq)

A preview of Apple’s Q2 earnings.  (Apple 2.0, Asymco, Market Shot)

When it comes to Apple never say never.  (Technologizer)

Can Apple successfully transform the TV industry?  (Chris Dixon)

Daily price chart of Apple (AAPL).  (Finviz)