Sudden AAPL Buying-Panic Lifts Nasdaq Into Green

Amid a chorus of chirping from all members of a CNBC lunch pumpathon, AAPL shares suddenly surged on the back of heavy volume - ramping all the way into green, shrugging off any fears of China sales evaporating...

Chatter is that this was off the back of headlines from AAPL denying the court ruling statement and promising there is no disruption but that is false since that news hit before the open, as soon as QCOM issued the press release.

The machines suddenly woke up...

Most ironically, the asset-gatherers among the business media joked "the algos are good right now," and crowed "this is an extraordinary move in AAPL."

That in turn lifted the broad equity markets (with Nasdaq back in the green)...

And bounced Nasdaq off UNCH for 2018...

The question is - was this Tim Cook's buyback program? and what happens next?