Algorithms

Has Google Finance's news feed got it in for Apple?

January 28, 2013: 8:24 AM ET

Pity the poor investor who tries to evaluate Apple based on these headlines

Source: Google Finance

Source: Google Finance

FORTUNE -- Hey, Apple's (AAPL) down, let's pile on!

That seems to be the attitude -- if a computer can have an attitude -- of the program that filters headlines on Google's (GOOG) financial news feed.

The list at right (expanded below) was generated by doing a Google Finance  search for "Apple" at 8 a.m. Monday morning. You have to scroll down 24 headlines to get to a positive one ("Apple Inc. sales of $54 billion and profit of $13 billion both break records") which turns out to be Apple's own press release.

Given that many high-frequency trading algorithms are programmed to react to such headlines -- generated by the likes of Insider Monkey and ValueWalk, but not, curiously, Fortune.com -- these things matter.

Expanded list below.

Can a Low-Cost iPhone Save Apple Inc. (AAPL)?

Insider Monkey - Jan 26, 2013

What To Do With Apple Inc. (AAPL) Shares Now?

ETF Daily News - Jan 26, 2013

Apple Inc. (AAPL) and the China Conundrum

Insider Monkey - Jan 26, 2013

Apple's Magic Wears Thin as Its Earnings Disappoint

Wall Street Journal - Jan 23, 2013
  • Chart: An Apple flash dump

    A snapshot of high-frequency trading algorithms in action on Friday

    FORTUNE -- What happened to Apple (AAPL) in the last minute of trading Friday?

    Tyler Durden, who tweets as @zerohedge, offers the Nanex chart above as evidence that it was a premeditated flash dump executed by one or more high-frequency trading algorithms. How else could 800,000 shares worth nearly $300 million be sold in 17-second intervals?

    If retail investors are moving back into mutual MORE

    - Jan 27, 2013 11:24 AM ET
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