Shares of Apple, along with shares from many other profitable and stable companies, seem to have been trapped by that stock-market gravity.
Stock-market gravity is known by many names: negative investor sentiment, lack of confidence in the system, panic, depression and a whole host of other fun terms.
Among the civil-fraud suits that have resulted from the initiative is one filed against ThinkStrategy Capital Management LLP, which attracted SEC attention partly because it seemed able to defy stock-market gravity.
Regardless of the term you use, market-gravity is the phenomenon that causes all stocks, even healthy ones, to lose value because investors are selling anything and everything in the belief that the entire market is going down.
Colorado and California were among those that increased benefits in happier days, failing to consider that the market might succumb to gravity.
The longer-term forces of deflation, sprung from the deleveraging process that continues to unfold (Greece, Ireland, Portugal, etc.), act like gravity on this market.
"The upward pitch of the market, particularly since May 10, rang many alarm bells and frankly seemed to defy gravity, " said Kenichi Hirano, market adviser at Tachibana Securities.
"The upward pitch of the market, particularly since May 10, rang many alarm bells and frankly seemed to defy gravity, " said Kenichi Hirano, a market adviser at Tachibana Securities.
So yes, I have been wrong about the market over the past year or so, expecting gravity to kick in at some point.
For 1998 IBM and Allstate, selling at below-market valuations, are my low- center-of-gravity ball carriers.
Whole Foods stacks its offerings, organic and otherwise, as high as gravity and physics will allow, suggesting an abundance so rich that a farmers' market must have just parked at the store for the day.
The gravity of the situation is exemplified by the crunch on liquidity in the short-dated cash market.
FORBES: Selling Of PIIGS Debt Slows On Suspected ECB Purchases
应用推荐