Apple Today - 05/14/2015 (AAPL)seymour_greenz May 14th 2015 03:00:00 AM
NASDAQ Futures are up over 35 points with a nice positive Fair Value of 36. DOW is up nearly 120 points. We saw a nice AAPL whip up open yesterday followed by the steady, familiar dirty bot selling sawtooth pressure pattern, ending under in a quick burst under 126 which subsequently triggered an AAPL Power Trade buy.
Today in premarket AAPL is pushing up steadily and currently up $1.44 to 127.45. Today is AAPL divvy payday.
Max Pain currently reads 126 and Max Profit weighs in at 127.5 +/-1.5.
The talk of the morning is of the interplay of bond yields, interest rates and potentially lofty equity valuations.
Today's economic calendar:
8:30 Initial Jobless Claims
8:30 Producer Price Index
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
1:00 PM Results of $16B, 30-Year Note Auction
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Notable earnings after today's close: AMAT, ANET, EVOK, EXP, JWN, KING, LOCO, SINA, SYMC, WB
And before the open tomorrow: KITE
Today's AAPL pivot points http://i60.tinypic.com/4l4px0.png
New iPhone 7 rumors?
More good news on sales.