Overall, the markets have had a positive attitude this week.

Matthew Cheslock, an equity trader with Virtu Financial, weighed in on the markets and what he's looking at going forward. 

"Well, obviously, it's predicated on what we expect or what we hear out of China. And today we had an unexpected third day of negotiations and the market has reacted accordingly. Now we're seeing substantial gains for the third or fourth straight day here and most of it is based on the optimism out of China. We didn't get anything unusually volatile at last night's [Trump] speech," said Cheslock. "Nothing that was kind of unexpected and that's what the market likes. It was expecting the worst it didn't get it. So we saw a rally."

Jim Cramer sat down with Tim Cook, CEO of Apple (AAPL - Get Report) , Tuesday, Jan. 8. Apple is TheStreet's sister site's, Real Money, stock of the day. The two discussed a variety of topics, which included Apple's fall from grace--after the iPhone maker announced that it was slashing its revenue forecast to $84 billion from Wall Street's consensus of $91.5 billion.

"Well, you know [Apple] took a lot of steam out of the FAANG and there's a lot of perceived value on there based on where they were trading only two months ago. So can it be a market leader again? Absolutely. Valuations now become more attractive," Cheslock said. "And if we get any kind of sign that we're going to have this trade dispute could be over, the FAANG stocks could be well rewarded."

Wednesday morning, Cramer's column on Real Money focused on Apple. His title, in fact, was Why Wouldn't You Own Apple?

"Yesterday I walked away from my interview with Tim Cook, the CEO, certain as ever that you should own this 11 times earnings stock because I think the company is much bigger than a given story of an order cut or a shade down of numbers by Skyworks Solutions (SWKS - Get Report)  this morning, a forecast cut pretty much in-line with the Japanese report," wrote Cramer in his column. 

Cheslock reacted to the news that Baird downgraded Nike (NKE - Get Report) .

"Obviously, you know, the downgrade was probably indicative of the trade war that we're expecting they have a huge presence overseas mainly in China. So if that can be solved, again that might provide value for an investor. Nike has suffered because of that. Whether they're going to admit it or not in any kind of earnings release. You could see that if things turn around and they surprise on earnings and they talk about forward guidance and China sales picking up, again you could see a market rally in Nike," said Cheslock. 

Apple is a holding in Jim Cramer's Action Alerts Plus portfolio.