My question to you;
1)There was a lot of volume trading Apple on thursday when apple dropped to 142$/share…. does that mean that more people wanted to sell apple then buy apple on that day?
2) then the next day apple shares rose to 146$/share but on a smaller volume , so does that mean there were less people on that day willing to sell apple shares all of a sudden (where as the day before everyone was dumping them)?
related article;
https://www.bnnbloomberg.ca/apple-bounce-can-t-shake-off-chilling-signal-for-stock-market-1.1765805
Even after Friday’s rebound, Apple is now underperforming the S&P 500 for the year. And this, analysts say, is worrisome. “It is a troubling sign when investors sour on best of breed names in an already difficult tape,” said Nicholas Colas, co-founder of DataTrek Research. Apple’s slide “is part of a larger trend of investor risk aversion.” Apple’s immense profits have made it a popular destination for investors seeking safe haven assets amid market turmoil. But it’s now being swept up in the selling that started with more speculative growth stocks, which are valued more for their promise of future profits, making them more susceptible to higher interest rates and inflation.
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