Apple touches $254.28 — a record intraday high — then swoons after Fed remarks
"Santa came early and dropped a 25-basis-point rate cut in the market’s stocking but accompanied it with a note saying that there would be coal next year." — Northlight Asset Management's Chris Zaccarelli
Philip Elmer-DeWitt has been covering Apple since 1983 — mostly for Time Magazine (28 years), later for Fortune (9 years), where he wrote a daily blog called Apple 2.0. [Read more.]