More examples of these very sensitive markets and very volatile conditions we’re all facing. AAPL appears to be tied up in a soup of Chinese tech sector mess, trade wars, political idiocy, and fragile markets.
“The moves have partially retraced … however still resemble a flash crash,” said Craig Nicol, macro strategist at Deutsche Bank, in a note. “So it would be a stretch to say that there’s much conviction at the moment with moves in markets over the last couple weeks hardly healthy.”