Apple's earnings call is going on right now: https://finance.yahoo.com/news/apple-tops-q2-earnings-estima...
The headline sounds positive, but apparently its not positive enough to keep the stock from dropping.
The headline sounds positive, but apparently its not positive enough to keep the stock from dropping.
My reasoning is that a lot of traders are simply afraid of losing a potential "wow" moment, so they stockpile just in case and then unload once they are sure that it's nothing special - simply to avoid their bosses going "why did you miss the boat on Apple?!?!" if the price skyrockets.
I don't know but seeing so much money move so fast with such high velocity and such corrections in minutes and thus losing or making billions. I really want stability and it does seem to me that in some sense I wish for every economy to be more comprised of small businesses which aren't changing their stock price in such drastic measures though I think such an opinion might be unpopular around here.