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Some green enters the screen a half hour after a big down open, with Apple and Hewlett-Packard...

Some green enters the screen a half hour after a big down open, with Apple and Hewlett-Packard (after an upgrade) notably higher. Not surprisingly banks are feeling the brunt of what's left of the EU bank-induced selloff, the XLF -1.4%. SPY -0.8%, DIA -0.4%, QQQ -0.6%. Europe's about 1% off the lows, the Stoxx 50 (FEZ) -1.5%.
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Comments (4)
  • Rousseau SC
    , contributor
    Comments (284) | Send Message
     
    Is this not evidence of how the banks believe they own govts?
    18 Mar 2013, 11:07 AM Reply Like
  • New Low Observer
    , contributor
    Comments (2236) | Send Message
     
    Apparently, the folks that wrote this market current don't have gold stocks on their screen. Of course, it isn't happening if they don't see it. Schrödinger was right after all.
    18 Mar 2013, 12:10 PM Reply Like
  • june1234
    , contributor
    Comments (3257) | Send Message
     
    It is evidence Apple is a defensive stock these days
    18 Mar 2013, 01:23 PM Reply Like
  • chenmj
    , contributor
    Comments (681) | Send Message
     
    Not exactly. It is the anticipated dividend raise in a week or so of the anniversary of its first dividend announcement today.
    18 Mar 2013, 03:15 PM Reply Like
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