Apple Today 10/01/2015 (AAPL)seymour_greenz October 1st 2015 09:29:10 AM
NASDAQ Futures are up 12 with +6 Fair Value, Dow Futures are up 33 on China factory data. Asia closed with gains and Europe is currently green with the majority of the indexes up over 1%. Unfortunately, AAPL is not participating. Gold looks to open in the red, on the other hand oil is up over 2% on Syria. Euro weakens. McCormick (MKC) reported results of its spice empire this morning.
AAPL had a decent start yesterday, hitting 111.54 by 10:41am on relatively high volume but it was downhill the rest of the day. In afternoon trading, after a failed recovery to 110 by 2pm, 38 minutes later AAPL sunk as low as 108.73 on mild volume before bouncing back to 110.29 within moments of the close and ending the intra-day session at 109.95. A tight ranged after-hours lost nearly a dime to 109.86.
This morning in pre-market, AAPL opened up at 110.25 and immediately rose to 111.64 on relatively high volume. After some articles with "chip supplier order concerns" hit the press, AAPL dropped precipitously and saw levels as low as 108.41 by 9:09am on moderate volume, with the exception of a 70,700-share institutional trade at 8am with prices as high as 110.97. AAPL appears to be bouncing towards 109 and is currently down 1.42 at 108.88.
Classic max-pain is 112.
China factory data lifts markets...
...but plenty of gloom still remains:
Euro weakens on ECB speculation:
Oil up on Syria:
Ralph Lauren to remain active alongside new CEO:
How spicy are McCormick's results?
Apple fixes iOS 9 bug:
LG launches new smartphone and watch:
Microsoft spills new Lumia 950 specs:
New Microsoft store opening in Manhattan:
Sprint unlimited data pricing increasing:
Strofoam eating worms may help us:
Is Venus the next Mars?
Universal virus test:
Today's Economic Calendar:
7:30 Challenger Job-Cut Report
8:30 Gallup US Payroll to Population
8:30 Initial Jobless Claims
9:45 Bloomberg Consumer Comfort Index
9:45 PMI Manufacturing Index
10:00 ISM Manufacturing Index
10:00 Construction Spending
10:30 EIA Natural Gas Inventory
2:30 PM Fed's Williams: Economic Outlook
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Notable earnings after today's close: CAMP, MU, PRGS