After US market indexes (^DJI, ^IXIC, ^GSPC) closed in negative territory for the second session in a row, Apple's (AAPL) market cap crossed past a record $3.7 trillion.

Yahoo Finance markets and data editor Jared Blikre joins Josh Lipton on Asking for a Trend to explain the trading day's biggest themes, including Apple's new market cap, momentum reversal patterns, and MicroStrategy's (MSTR) stock activity in relation to bitcoin (BTC-USD).

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Luke Carberry Mogan.