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NASDAQ Open, but Apple Down

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  • Description

    FBN’s Robert Gray with an afternoon market update from the NASDAQ as trading resumed post-Sandy.

  • Duration 0:53
  • Date

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Aren't thank you very much now as governor Robert Gray is staying -- -- in this on the NASDAQ.

How are things there Robert.

Well -- the NASDAQ opening up pretty much without a -- -- little bit about choppy yes starting here.

In trading terms it basically just volatility a lot of orders coming -- we saw a quick move down followed by quick move back up and then of course.

Moving lower after that and leading the way down today ended the big drag on -- really over the past month.

Is apple debating that dug down below 600 bucks a share once again.

Flirting with its 200 day moving average keep denial 586 dollars and change remember the stock was above 700 bucks.

Back on September the twelfth when they were unveiling their iPhone 5.

I hitting record highs of around that time of course also around the same time the Fed was unveiling QE3 -- missing -- move lower FaceBook weighing on -- is well shares coming.

An insider's able sell for the first time after the IPO and made back to you thanks rob.

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