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AAPL Tumble Sparks Stock Slump - Yellen Gains Gone
Stock market investors live by the Apple and die by the Apple... and with Apple's 2.5% drop today, broad stock market indices have cratered in the last few minutes retracing the gains accrued since Yellen started speaking yesterday...
We note that as crude oil went vertical into the 1430ET NYMEX close equities decoupled and AAPL started to fall more rapidly...
Which dragged the S&P and Nasdaq notably lower...
Of course - this is merely a dip to be bought.... so algos get back to work!
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Cratered? Really? Come on for Fcks sakes S&P down 2.60 DOW is green.
GIVE ME A JOHNNIE WALKER BLACK LABEL RIGHT NOW!
Make that two..
And not much ice..
Transitory, BULLISH!!. Oh ya, fuck you yellen.
See WSJ article today. Chinese are making better phones for 1/2 the price.
12% of the funds they follow have Apple as one of their top ten positions.
http://hedgeaccordingly.com/2015/02/goldman-apple-inc-once-again-the-hed...
The China Syndrome?
Woo Hoo! Buy more AAPL!
Barely down a fraction of a percent, and Tylers already pull out the ever reliable ZH bottom-tick BTFD indicator? Bears can't catch a break from anyone!
This is the big one, Elizabeth! -- Fred Sanford
Maybe not.
Time to lay off 58 000 employees.
Locked out of China according to Reuters.
http://www.reuters.com/article/2015/02/25/us-china-tech-exclusive-idUSKB...
I'm telling ya.......Bells are ringing. Should be one more small run after this pullback, if i read the squiggles right :)
Whoa dude!
I'm right with ya on that one but the squiggle count could be completed here.
Need to see it break below 2070 to be sure.
It could be. I have an A,B,C,D,E pattern that would end it here. Also, this could be an ending wave 3 which would set up a drop to 4, and one more run to a 5 position. This would be a very large ending diagonal. We will see...........
Is it time to watch that video spoof of Denninger again?
Connection here?
=------
Breaking news
NYC police: Building partially collapses in midtown Manhattan$21 Billion Market Cap evaporates in 5 minutes $AAPL (give or take) MEh happens everyday when the Fundermentals are not in question...
It begins.
"Its only a flesh wound."
aapl's business in china was halted - LMFAO!!!!!!!!!!!!
I noticed that ole Reggie Middleton hasn't had too much to say re. the impending demise of AAPL as of late. He used to have quite a bit to say about it, but it hasn't happened yet. Maybe this is the year, Reggie.
Still well over $100. That's no tumble.
Markets cratered to S&P 2016...the horror...markets are just doing what they do...holdover pattern with upside bias just awaiting a reason to Catapult upwards...doesn't take much now adays.
fuck you AAPL fanbeeitches!
iBoughtTheDip
iCalledTheTop