What an interesting day in the Stock Market. Steve Jobs stepped down last night as CEO of Apple. Warren Buffett
bailed out called up Brian Moynihan and told him he would invest $5 Billion into Bank of America. One might think right off the bat that $AAPL stock would get hurt while $BAC explodes higher…..
Well not so much. Look at the intraday charts – $BAC went out near the lows of the day after the initial gap higher and $AAPL near the highs of the day after gapping lower.