FROM: Javamancy, the Weblog
Has anybody noticed the abrupt downward spiral in the stock markets that has been occurring over the past several minutes? It looks like the DJIA will eventually slide toward a loss in excess of 900 points shortly, if not already striking that low level.
Is this that market correction that the bears have been indicating, or is this the start of the Greece-driven market disapproval, or is this some sort terrorist strike against the world’s financial markets?
Apple [AAPL] shares have dropped quite a bit since their peak yesterday. And today’s product unveiling has not significantly improved the price. Apparently, a lot of investors took their profits yesterday, around midday.
Apple [AAPL] shares are getting near an all-time high, around 215?!? Wow!
According to CNBC’s special on its US state rankings for business favorability and competitiveness, Virginia is the #1 state based upon its evaluation system, for the second year in a row.
Wow!