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Yes, while splits "do nothing for the fundamentals . . . " the data indicate that companies that split their stock outperform the rest of the market over time.
That's the lesson here, and one that the talking heads on Financial TV really should mention when they discuss splits, but they rarely do.
$2000 has been on everyone’s mind for a long time, so you’d think there’ll be profit taking there. But I don’t see how it holds with this kind of momentum. $2103.45, here we come...
If someone knows something that is not announced, then why have so much buying pressure? Don't you want to buy slowly to get the best price? We know dumping fast trigger stop losses but what is the purpose of this?