For the week, the Dow Jones gained 1.0% and the Nasdaq lost 1.1%, making for a rather sizeable weekly price divergence of more than 2% between the two popular stock market indexes. A significant part of the weakness in the Nasdaq could be blamed on the dismal performance of Apple ($AAPL), which plunged nearly 9% last week and closed back down near its mid-November low. Since $AAPL represents a 10% weighting in the Nasdaq, the stock has a tendency to lead the entire Nasdaq index. But as technical traders, the actual reason for the sudden “emergence of divergence” is largely irrelevant to us. Rather, it is more important to first be aware the divergence is simply taking place, then take that into consideration if entering any new positions in the coming days.