U.S. stock volatility blamed on Apple bears in options market

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Comments

  • Reply 41 of 44
    badmonkbadmonk Posts: 1,294member
    I respect your opinion (one of my best investor friends says pretty much the same thing) but it is a new world and a smart phone in everyone's hand (and information technology) is a mandatory thing for the foreseeable future so Apple is more of a commodity than you know.

    And the 7ish billion people on the planet want the best & Apple's engineering is the best.

    So this represents an opportunity for me to make money off of people like you (a typical Wall Street investor) & I have.
  • Reply 42 of 44
    Quote:

    Originally Posted by Tallest Skil View Post

     



    Oh, if that’s what you meant I agree entirely. Speculation on Apple stock did diddly to the market.




    Not to mention the Federal Reserve sets the interest rate for intra-bank loans which is a far cry from "setting" anything in the stock market. As he mentioned nobody "sets" the price of an individual stock (except at initial offering), or the aggregate market or indexes.

     

    -PopinFRESH

  • Reply 43 of 44
    mj webmj web Posts: 918member

    Truly funny! 

  • Reply 44 of 44
    Bears don't really believe stock price is going down. They're driving it down to make cheap change on options when they can make more profit letting it ride like Tesla.
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