Bearish bets surge as Apple shares near correction threshold
"...reaction from policymakers could create a bigger problem for the economy, causing consumers to retrench, which would impact Apple's sales", said Walter Todd
VIX July Gain Tops 8% as Ukraine Jolts Record S&P 500
“It wouldn’t surprise me at all if volatility picked up,” Walter Todd, who oversees more than $1 billion as chief investment officer for Greenwood, South Carolina-based Greenwood Capital Associates LLC, said in a July 28 phone interview. “I still get the sense that investors haven’t really bought into the move” in stocks, he said.
U.S. Stocks Fluctuate on Economic Reports Before ECB
“People are pretty much in wait-and-see mode ahead of the ECB and the payroll number,” Walter Todd, who oversees about $980 million as chief investment officer at Greenwood Capital Associates LLC, said by phone. “If we don’t get the action people are expecting out of the ECB tomorrow, that could be a pretty negative catalyst.”