Very large seven figure block trades have been crossing the tape for a select group of Dow stocks since April 1, 2025. Apple, Cisco, and Microsoft are a few examples. This type of action would typically be made by Market Makers in order to accumulate inventory in preparation for a move higher. While this is happening there are indications from S&P Sector readings that the current market decline is nearing an end. Additional data will be needed to confirm this.
“To know your adversary, you must know his customs; to understand the influence that specialists [Market Makers] exercise over the market you must be able to identify the practices they employ to rig stock prices.”
Richard Ney, Making it in the Market, 1975, page 85
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.