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AAPL Tumble Sparks Stock Slump - Yellen Gains Gone

Tyler Durden's picture




 

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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Wed, 02/25/2015 - 15:58 | 5828239 Osmium
Osmium's picture

Cratered?  Really? Come on for Fcks sakes S&P down 2.60 DOW is green.

Wed, 02/25/2015 - 16:20 | 5828339 flacon
flacon's picture

GIVE ME A JOHNNIE WALKER BLACK LABEL RIGHT NOW! 

Wed, 02/25/2015 - 16:33 | 5828412 Headbanger
Headbanger's picture

Make that two..

And not much ice..

Wed, 02/25/2015 - 16:52 | 5828513 mtndds
mtndds's picture

Transitory, BULLISH!!.  Oh ya, fuck you yellen.

Wed, 02/25/2015 - 16:28 | 5828384 beaker
beaker's picture

See WSJ article today.  Chinese are making better phones for 1/2 the price.

Wed, 02/25/2015 - 16:53 | 5828516 HedgeAccordingly
HedgeAccordingly's picture

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...

Wed, 02/25/2015 - 15:58 | 5828244 Ignatius
Ignatius's picture

The China Syndrome?

Wed, 02/25/2015 - 15:59 | 5828248 twh99
twh99's picture

Woo Hoo!  Buy more AAPL!

Wed, 02/25/2015 - 15:59 | 5828250 ZoroAustrian
ZoroAustrian's picture

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!

Wed, 02/25/2015 - 16:03 | 5828270 Hohum
Hohum's picture

This is the big one, Elizabeth! -- Fred Sanford

Maybe not.

Wed, 02/25/2015 - 16:03 | 5828272 JuliaS
JuliaS's picture

Time to lay off 58 000 employees.

Wed, 02/25/2015 - 16:11 | 5828276 wstrub
Wed, 02/25/2015 - 16:09 | 5828294 The Bell Rang
The Bell Rang's picture

I'm telling ya.......Bells are ringing. Should be one more small run after this pullback, if i read the squiggles right :)

 

Wed, 02/25/2015 - 16:28 | 5828366 Headbanger
Headbanger's picture

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.

Wed, 02/25/2015 - 16:52 | 5828508 The Bell Rang
The Bell Rang's picture

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...........

 

Wed, 02/25/2015 - 21:03 | 5829447 ThroxxOfVron
ThroxxOfVron's picture

Is it time to watch that video spoof of Denninger again?

Wed, 02/25/2015 - 16:12 | 5828310 Baby Eating Dingo22
Baby Eating Dingo22's picture

Connection here?

=------

Breaking news

NYC police: Building partially collapses in midtown Manhattan
Wed, 02/25/2015 - 16:17 | 5828324 Whootie_who
Whootie_who's picture

$21 Billion Market Cap evaporates in 5 minutes $AAPL  (give or take) MEh happens everyday when the Fundermentals are not in question... 

Wed, 02/25/2015 - 16:18 | 5828329 praps
praps's picture

It begins.

Wed, 02/25/2015 - 16:25 | 5828363 FieldingMellish
FieldingMellish's picture

"Its only a flesh wound."

Wed, 02/25/2015 - 16:26 | 5828370 orangegeek
orangegeek's picture

aapl's business in china was halted - LMFAO!!!!!!!!!!!!

 

 

Wed, 02/25/2015 - 16:30 | 5828373 John Law Lives
John Law Lives's picture

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.

Wed, 02/25/2015 - 16:58 | 5828539 reTARD
reTARD's picture

Still well over $100. That's no tumble.

Wed, 02/25/2015 - 17:17 | 5828636 John McCloy
John McCloy's picture

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.

Wed, 02/25/2015 - 17:19 | 5828642 tommylicious
tommylicious's picture

fuck you AAPL fanbeeitches!

Wed, 02/25/2015 - 21:05 | 5829449 ThroxxOfVron
ThroxxOfVron's picture

iBoughtTheDip

iCalledTheTop

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