Tuesday, May 14, 2013

Out Of Nowhere, Apple Stock Just Got A 'Smackdown'

Very odd.

Despite markets being up, Apple is down over 2.7%.

Screen Shot 2013 05 14 at 2.28.53 PM

There isn't much to explain the move.

One trader IMs:

Hearing nothing on the Smackdown in AAPL right now - really accelerating  - odd, apple's VIX is DOWN on the day
Best explain I got AAPL was 450 stops being elected
AAPL's VIX waking up now, +1%.

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