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Apple Today 09/28/2015 6s Sales (AAPL)

seymour_greenz • September 28th 2015 09:28:44 AM

Good Morning,

NASDAQ Futures are down 24 with -22 Fair Value, Dow Futures are down 94. Futures have been getting worse as the morning progresses. China was red earlier in the session but wound up closing in the green. European markets are currently trading lower. Brazil may be the "next China" and a "government shutdown" is waiting to pounce. Oil is down sharply, 2%. Consumer spending rises. Alcoa (AA) will split in 2016, stock is up 6% in pre-market. Costco (COST) reports before the bell tomorrow and may be a good indicator, particularly now with new payment partners willing to accept historic near-zero processing fees:

AAPL had a moderately good, if bouncy, week, with dips on Tuesday and Thursday and a reaching a high point on Friday, ultimately closing up for the week. AAPL peaked as high as 116.69 on Friday before selling down to 114.02 on relatively high volume in late afternoon trading, then bouncing to end the OPEX day at 114.71. Friday was the new iPhone 6s launch day and strong sales numbers were anticipated.

This morning in pre-market, AAPL opened up flat on low volume and dropped in conjunction with Futures, hitting a low of 113.83 on high volume at 8:30am. At that time (8:30am) it was reported that Apple sold 13 million iPhones this opening weekend and AAPL jumped up to 115 within minutes on high volume. AAPL is currently down 64 cents at 114.07 on expected high volume.

Classic max-pain is 114.

Winterkorn investigated for fraud:

She's Yellen 'bout inflation again?

Emerging decline on China concern:

Consumer spending rises:

Oil declines:

Apple sells 13 million iPhones this launch weekend:

YouTube subscriptions?

Amazon expands through Detroit:

Alcoa will split in 2016:

Confused? You're not alone:

Whole Foods cutting 1,500 jobs:

Precious metals collusion?

Musk on 750 mile Tesla range:

Burger King blackens buns:

Did you see the eclipse last night?

Water on Mars?

Lung cancer discoveries:

Today's Economic Calendar:
8:30 Personal Income and Outlays
10:00 Pending Home Sales
10:30 Dallas Fed Manufacturing Survey
1:30 PM Fed's Evans: U.S. Monetary Policy
5:00 PM Fed's Williams Speech

Notable earnings after today's close: CMTL, SNX
And tomorrow before the open: CMN, COST

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