This is why I sold my apple stocks and bought more NOK and CLWR
Originally posted on The Buzz - Investment and Stock Market News:
Just when you thought it was safe to wade back into Apple (AAPL) stock again … boom! You’re attacked by bears!
Shares of Apple fell more than 6% Wednesday, pushing the stock back into official bear market territory. Apple is now down nearly 24% from its all-time high. Trading at just below $540, shares have pulled back sharply in the past two days. As recently as Monday, it looked like the worst might be over for Apple. The stock hit an intra-day high of $594.59 and appeared to be heading back towards $600 — a price it hasn’t traded above since November 1.
So what happened today? There isn’t any hard news just yet … but there is a lot of chatter about firms raising margin requirements on Apple stock. If true, that could partly explain the…
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