You're now on the archive server. Commenting has been disabled.
Big drop in SPY AH to below VWAP. Big blocks pushing lower. What is one missing here?
Contact Information:
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Suggested Reading:
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.
someone got a flash of AAPL #'s
Exactly what I was thinking.
or someone was watching Jeter and ovenmitted
What you mean apples new entrance into the accounting fraud 500 club.
http://www.theinquirer.net/inquirer/news/1556128/apple-sales-increase
oh shit, Rusty Shorts was right !
Guess not, headline numbers very good.
the usa economy is being saved by the ipod.
how nice
Insanity Bro, pure insanity.
LOL, +10
Smashed it out the park. Apple rocks.
I don't trade individual stocks much, but I just looked at aapl on a weekly chart with volume.
Amazing how a stock that always traded above 100 million shares a week and into the 200s and 300s, now has trouble with 100 mil a week, especially since March.
And that AAPL chart is back where it's been twice in the last couple of years. Heck of a run up for a company trading at over 6x BV. Higher? Maybe, but I wouldn't take that bet. No way.
Love your name, love your icon! Priceless....
Apple got up to 204 after hours and pulled back. I bet profit taking tomorrow gets a bit more aggressive but still up from the close today. I wouldn't touch it up here in the stratosphere--there's an App for that, isn't there?
But even in the worst recession in 70 years, they keep selling Macs, iPods and iPhones, and in spades. Pretty impressive and they still only have a 9% market share against PC's. Imagine what they would do if they grab more market share.
ipods and imacs will save the US economy! Let's buy stocks because AAPL's earnings were good.
Truly brilliant!
Don't forget iphones, cellphones and pda's.
It's all about directing the firehose. Big woop, AAPL gets large today while it's Holiday in Cambodia for you;
Play ethnicky jazz
To parade your snazz
On your five grand stereo (IPOD, *cough*)
Braggin that you know
How the niggers feel cold
And the slums got so much soul
when you pronounce it, do you say "Goldman Sigma 'X'" or "Goldman Sigman 'Cross'" ?
The platform is Redi Plus--Sigma X is their alog. Website:www.redi.com
Ask for Eric Rhodes--minimum acct 50mil.
Tell em I sent you.
Can anyone answer this question ...... As the US Dollar gets weaker it makes equities stronger, but why do European equities get stronger if their currency is strengthening ? (USD/EUR)
US and European, and for that matter just about every country's equity markets follow lockstep with the U.S. market.
I know it's all being manipulated, but when the major thesis' make no sense you gotta start wondering.
carry trade provides cash to buy stocks no matter what country ur in
Isn't GS moving into their new headquarters?
Dude, someone must have unplugged the Dell.
I just checked the SPY AH trading -- it was down for half an hour and then popped back up to 109.97.
Tyler, stop crying wolf so much.
it was a big spy dump post 4 o'clock. there was shit volumes today. positons closeout...why should i bother to go on.....
"...why should i bother to go on..."
with all due respect, why, indeed, ....after reading your short recap of your background a couple of weeks back, dh...all these posts that don't contribute value from meaningful relevant market experience or illuminating intellectual insight just take away from the overall value of this site and make it less useful..
"...why should i bother to go on..."
with all due respect, why, indeed, ....after reading your short recap of your background a couple of weeks back, dh...all these posts that don't contribute value from meaningful relevant market experience or illuminating intellectual insight just take away from the overall value of this site and make it less useful..
your opinion of my market experience (since the 80s) and intellectual insight (presumably garnered from the words that I have have posted here since early 2009) is acknowledged.
As to "value", that is something defined differently by all. I cannot find any value in your one post on ZH that only speaks to one specific matter that has nothing to do with the mission of ZH, that being me.
Looks like a small dump, and one that was picked up again shortly thereafter. Nothing newsworthy from what I can tell.
Hello...Apple is a component of the S&P. Nasdaq 100 was also dumped into the close. All index futures sold off and bounced at 4:30.
Bloomberg shows S&P futures up 4.20 and SPY closing at 110.06. I do not see how the small dip in SPY at 4:00 is relevant.
Apple has a huge psychological impact on hedge funds. Every single hedge fund mgr I know is very long AAPL. I went to a dinner where there was a "contest" to talk about how LONG APPL they were, ridiculous. My guess is there were a bunch of them who panicked, thinking that perhaps the US consumer had stopped borrowing against his credit card to buy Apple gizmos (which I love). No chance. US consumer (and the US itself) thankfully continues its debt binge. Seriously folks, until the beer runs out, it's a major party. Since it's a BB kegger no telling how full the thing is but I'll continue to get drunk myself.
Short Capital One. The consumer just buys stuff and doesn't pay their bill anymore.
don't forget about the quant model blowup of late 2007... all those guys had the same positions
Goldman and Bank of Amerika run the markets along with Geithner, and beagle boy Ben. There is no free markets, only welfare capitalism and socialism for capitalism. good articles; good articles 4 slow news day ..http://www..
hat tip: finance news
It's all about the latest fashionable Apple apparel.
Think out of the box guys,some of you are traders and I am not. Trading during hours is done through HFT(as every one here mostly agree). So in days where there is low volume,the big guys keep it artificially high,and AH they offset their accounts against each other.I have 10 box of apples(not the stock),and cheeky has 10boxes of oranges. I sell him my box for $5.00 each,he sells me his $6,and each hour we go up in price 50 cents in the auction back and forth,by the end of day,he is left with 6 boxes of my stuff,and I am left with 5 of his boxes. He gives me back my apples boxes for the $5 and I give him back his oranges for the $6 we started the day with. It hs got nothing to do with the outside buyers folks..........
Maybe we will see some serious selling next week....nto this week though
good articles; good articles 4 slow news day ..http://www..
hat tip: finance news
You people are pathetic. You pound the point that stock market doesn't represent economic status (true) and yet you get so worked up over a drop of a few points when it doesn't matter. It's not surprising that given a large number of you out there plus Bernanke's out policy - further devaluation - it's not surprising that stocks are going up.