"Many hedge funds screen their equities based on the same factors of good earnings momentum, valuation etc." such as AAPL has, according to an article by Mark Hines--seekingalpha.com/artic...;u=80141.
Hedge funds with failing mortgage backed securities are forced to sell profitable equities. So this last week was more than profit taking, especially when it occurs with no explanation in the stock's news or fundamentals.
I'm Holding On Through this Storm [View article]
Hedge funds with failing mortgage backed securities are forced to sell profitable equities. So this last week was more than profit taking, especially when it occurs with no explanation in the stock's news or fundamentals.