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Apple Today - 10/16/2015 OPEX (AAPL)

seymour_greenz • October 16th 2015 09:31:16 AM

Good Morning,

NASDAQ Futures are up 1 with +5 Fair Value, Dow Futures are down 24. Asian markets closed up again today with China up 1.6%, Hong Kong up 0.78% and Japan up 1.08%. European markets are also in the green today. UK, Germany and France are all currently up less than 1%. Oil is up nearly 1% while gold is down about the same and natural gas is down over 1%. General Electric (GE) and Honeywell (HON) report quarterly earnings before the opening bell. GE is currently up between 1% to 2% after a generally positive report. European stock Hugo Boss (BOSS) is the latest victim of China slowdown and is down 10%.

AAPL saw a "whippy" day yesterday, launching up to 112.1 within 30 minutes of the bell on high volume before reversing and selling down as low as 110.49 on moderate volume by noontime. AAPL reversed once again in the afternoon making a break for 112 and reaching an afternoon high just under 112 at 2:20pm on high volume. Subsequently, AAPL hung around the upper 111s and closed the intra-day session at 111.86, up 1.5% for the day. After-hours continued the trend with a slow march upwards and AAPL gained another 8 cents to close the extended session at 111.94.

This morning in pre-market, AAPL opened higher at 111.9 on light volume picking up where after-hours left off. Within the hour, AAPL had peaked at 112.01 on low volume before it got set back down to 111.5 on low volume before a bounce at 8:20am followed by a further slide. AAPL is currently up 2 cents at 111.88.


Classic max-pain is 115. Today is OPEX.


Global markets at 2-month high:
http://www.reuters.com/article/2015/10/16/us-global-markets-idUSKCN0SA00W20151016

To hike, or not to hike?
http://www.reuters.com/article/2015/10/16/us-usa-fed-idUSKCN0S92YN20151016

Is December still possible?
http://in.reuters.com/article/2015/10/16/global-forex-idINL8N12G1OK20151016

Credit Suisse clients are confused, are you?
http://www.bloomberg.com/news/articles/2015-10-16/credit-suisse-clients-are-more-confused-than-ever-and-are-cashing-out

GE up after report:
http://www.usatoday.com/story/money/2015/10/16/ge-q3-earnings-2015/74038338/

Hugo Boss down, blames China:
http://www.bloomberg.com/news/articles/2015-10-16/hugo-boss-shares-slide-as-china-slump-hurts-full-year-forecasts

Apple updates iWork Apps:
http://techcrunch.com/2015/10/16/apple-updates-iwork-apps-on-all-platforms-with-major-new-features/

New Apple ads focus on 3D Touch:
http://techcrunch.com/2015/10/16/apple-focuses-on-3d-touch-with-new-iphone-6s-ad/

Apple patent foe:
http://www.reuters.com/article/2015/10/16/apple-patent-wisconsin-idUSL1N12F37F20151016

App Store optimization:
http://www.forbes.com/sites/johnrampton/2015/10/16/the-beginners-guide-to-app-store-optimization/

You need a new PC, right?
http://www.computerworld.com/article/2994115/windows-pcs/pc-rivals-band-together-in-70m-ad-effort-to-convince-consumers-they-need-a-new-machine.html

Facebook to improve battery efficiency of app:
http://bgr.com/2015/10/16/iphone-battery-facebook-app/

Windows 10, like it or not:
http://www.engadget.com/2015/10/16/windows-10-update-pre-checked/

Now you can Skype without an account:
http://www.techtimes.com/articles/95957/20151016/skype-goes-universal-lets-anyone-join-a-chat-even-without-a-skype-account.htm

Alibaba makes Youku offer for $3.6 billion:
http://www.nytimes.com/2015/10/17/business/dealbook/alibaba-youku-tudou-offer.html

Is Square IPO cursed by Dorsey?
http://mashable.com/2015/10/14/square-officially-files-for-ipo/#eT82XBCovGqW

"Micro Arduino" for wearables coming in 2016:
http://www.pcworld.com/article/2994276/components-processors/intels-tiny-curie-chip-for-wearables-coming-to-arduino-early-next-year.html

Pebble voice:
http://www.techtimes.com/articles/96039/20151016/you-can-now-control-pebble-time-apps-with-voice-commands.htm

Tesla is now auto:
http://www.nytimes.com/2015/10/16/automobiles/tesla-adds-high-speed-autonomous-driving-to-its-bag-of-tricks.html

Pretty Pluto:
http://www.popularmechanics.com/space/deep-space/a17797/first-new-horizons-study-pluto-charon/

Artificial skin:
http://www.dnaindia.com/scitech/report-artificial-skin-that-could-feel-sensation-created-2135470

Sleep study and your 8 hours:
https://www.washingtonpost.com/news/to-your-health/wp/2015/10/16/sleep-study-on-modern-day-hunter-gatherers-dispels-notion-that-were-wired-to-need-8-hours-a-day/


Today's Economic Calendar:
9:15 Industrial Production
10:00 Job Openings and Labor Turnover Survey
10:00 Reuters/UofM Consumer Sentiment
10:00 Atlanta Fed's Business Inflation Expectations
4:00 PM Treasury International Capital


Notable earnings on Monday before the open: HAS, LII, MTB

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