Strength Seen in Apple, Nike, Starbucks Despite Lower Market

In mid-day trading on Monday, the stock market is trading lower, with the Dow falling around 60 points. The S&P 500 had shed 0.32% while the Nasdaq was down 0.20%. A number of prominent stocks, however, are bucking the market trend on Monday. These include Apple

, Starbucks

and Nike

. Apple shares were trading up around 1% to $628.00 at last check. The strength in AAPL is helping the Nasdaq outperform the Dow and S&P 500. The stock has risen almost 11% over the last 3 months, and the stock is closing in on new all-time highs which would come into play above $644.00. Starbucks was trading up around 1.30% in mid-day trading. The stock has lost around 16% over the last three months after a disappointing earnings report in late July. Prior to the current downtrend, SBUX had hit a new all-time high above $60.00 in April. Nike shares were up a little less than 1% on Monday. This stock has been extremely resilient despite a number of disappointing earnings reports in 2012. The stock hit a 2012 low at the end of June and has been moving higher ever since. The 52-week and all-time high in the stock is just below $115.00, which compares to its current price of roughly $95.00.