Despite markets being up, Apple is down over 2%.
There isn’t much to explain the move.
Dave Lutz of Stifel, Nicolaus IMs:
Hearing nothing on the smnackdown 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%.