Well, after my initial examination of earnings reactions (prior post), it seems AAPL wasn’t done. Once the conference call was out of the way, the AAPL drop went from tiny to not-as-tiny.
Which has spilled over into the NQ futures, undoing much of the day’s big gains.
Although the big down-mover is Bill Holdings (BILL), a stock I had largely forgotten existed. It’s worth about one-sixth what it was a couple of years ago, when it was one of the hottest equities in the world.
It’s nice to see some red, but I’m so scarred by this week, I’m holding any optimism at bay, particularly with the jobs reporting still in front of us.