If a stock is going down on heavier than normal volume, this means it will keep falling until it reaches a point of equilibrium.

FORBES: What is Apple Worth -- $420 or $1,160?

But in a struggling economy that equilibrium point, beyond which an increased cost of hiring unquestionably kills jobs, is always lower.

FORBES: The Awful Minimum Wage

It seems unlikely that an Apple iWatch is going to levitate Apple hundreds of billions of dollars in market cap, so the question is, where is the equilibrium point to this downward move?

FORBES: Is Apple's Future BlackBerry, Microsoft Or Amazon?

The economic effect of such small raises, if the minimum wage is set close to the equilibrium point for low and unskilled workers, is not huge in itself, though it has ramifications for general wage levels, for bargaining over wages and benefits.

FORBES: The Awful Minimum Wage