Apple Today - 10/28/2015 (AAPL)
seymour_greenz • October 28th 2015 09:28:47 AM
Good Morning,
NASDAQ Futures are up 9 with +12 Fair Value, Dow Futures are up 17 after AAPL earnings arrived yesterday and we approach the open. Asian markets were mostly down, with China leading with biggest decline of 1.72%, followed by Hong Kong with a 0.8% drop. On the contrary, Japan was up 0.67%. European markets are higher today with UK, Germany and France all up nearly 0.5%. Oil is up nearly 1% while natural gas is down nearly 1.5%. Gold is up around 0.75%. Apple (AAPL) pulled through and an impressed at earnings, seemingly escaping the China crunch like a Houdini, shares popped as high as 118 yesterday before settling near where they closed in the intra-day session headed into earnings. AAPL is currently up 2% in pre-market. On the other hand, Twitter (TWTR) was not as fortunate and is currently down 11%, primarily on a disappointing forecast. Lots more earnings headed our way this afternoon including GoPro (GPRO) and SunPower (SPWR). There's a FOMC announcement at 2pm.
A relatively nervous AAPL started out well yesterday, reaching a peak of 116.53 early on at 10:44am on high volume. The rest of the morning AAPL seemed to lose its confidence and by mid-lunch AAPL broke below 115 on relatively heavy volume before bouncing back above 115. The afternoon continued to be rough on AAPL and the dip accelerated by 3:40pm breaking 114 to hit 113.99 on huge volume. AAPL bounced slightly and closed the intra-day session at 114.55. In after-hours, as earnings arrived AAPL nearly instantly rallied up above 116, and by 4:40pm AAPL peaked in the low 118s on monster volume before swinging back down to the upper 113s, surprisingly to a loss before bouncing back to end the after-hours ride at 115.25.
This morning in pre-market, AAPL opened up higher at 116.1 on high volume and picked up steam reaching 117.25 by 7:16am on heavy volume before quickly dipping back down below 116 to 115.72 by 7:40am on moderate volume. AAPL has since recovered and is heading in the 117 direction. AAPL is currently up 2.16 at 116.71.
Classic max-pain is 115.
Of Apple and the Fed:
http://www.reuters.com/article/2015/10/28/us-markets-stocks-idUSKCN0SM1AH20151028
VW posts loss:
http://www.reuters.com/article/2015/10/28/us-volkswagen-results-idUSKCN0SM0QB20151028
Heineken beats:
http://www.bloomberg.com/news/articles/2015-10-28/heineken-third-quarter-sales-beats-analyst-estimates-on-weather
Apple $14 billion Q4 buyback:
http://appleinsider.com/articles/15/10/27/apple-inc-snatches-up-14-billion-of-its-own-shares-in-massive-q4-buyback-surge
iPhone weighs in:
http://www.theverge.com/2015/10/28/9625340/iphone-6s-gravity-app-digital-scales
Apple and carrier billing:
http://www.techtimes.com/articles/100547/20151028/apple-finally-starts-supporting-carrier-billing-for-app-store-and-itunes-purchases-coming-soon-to-us.htm
Zuckerberg on India:
http://venturebeat.com/2015/10/28/mark-zuckerberg-on-why-hes-showing-so-much-interest-in-india/
2G Tuesdays:
http://www.theverge.com/2015/10/28/9625062/facebook-2g-tuesdays-slow-internet-developing-world
Beam me up?
http://www.csmonitor.com/Science/2015/1027/Out-of-the-realm-of-Star-Wars-Scientists-develop-sonic-tractor-beam
Looking for life on Enceladus:
http://www.nytimes.com/2015/10/29/science/space/in-icy-breath-of-saturns-moon-enceladus-cassini-hunts-for-life.html
Reduced sugar for kids improves health quickly:
http://www.universityherald.com/articles/25396/20151028/reducing-sugar-intake-improves-childrens-health-in-10-days.htm
Today's Economic Calendar:
7:00 MBA Mortgage Applications
10:30 EIA Petroleum Inventories
11:30 Results of $15B, 2-Year FRN Auction
1:00 PM Results of $35B, 5-Year Note Auction
2:00 PM FOMC Announcement
Notable earnings after today's close: ABX, AEM, AF, AFFX, AFOP, *AMGN*, AMSF, ANIK, ANZBY, AR, ARII, ARIS, *ARRS*, ASGN, ATML, ATNI, BLKB, BVSN, *BWLD*, CACI, *CAVM*, CBL, CGI, CHDN, *CLV*, CMO, *CMPR*, CNL, CNO, CNV, CPAC, *CRUS*, CSGP, CW, DMRC, DRE, DRGDF, DRII, DYAX, ECHO, EIG, ELLI, EPE, EPR, EQIX, EQY, ESRT, EXAC, *EXR*, FALC, *FFIV*, FMC, FMX, FORM, *FORR*, FR, FXCB, GAIN, GNBC, *GPRO*, HBI, HLS, HMN, HOS, HUBG, HVT, HY, *IMAX*, INT, *INVN*, ISIG, ISIL, KEX, KRA, KS, KWR, LNC, *LOCK*, LOPE, *LQ*, LUB, LUNCF, MAA, MANT, *MAR*, MC, MDCA, MEOH, MMLP, MN, *MTGE*, MTW, MUR, NANX, NCIT, NE, NEM, NGD, NSIT, NTRI, NVDQ, *NXPI*, O, OCN, ODPVY, OEC, OGS, OII, ORLY, OTEX, PLXS, POWI, PRXL, PSA, *PTC*, QDEL, QEP, QGEN, QUIK, REG, ROG, ROIC, *ROVI*, RRC, SCI, *SGI*, SGMO, SIGI, SIMO, SJW, SMSI, SPN, SPOK, SPRT, *SPWR*, SSS, STAA, SU, TAL, THG, THRX, TILE, TLLP, TORM, TPZ, TSO, TTMI, UIHC, UNM, VAR, VECO, *VRTX*, *WDC*, WES, WGP, WHG, WLL, WMB, WPZ, WSTL, WTS, *YELP*
And tomorrow before the open: ABC, AFRAF, AHC, ALKS, ALLE, ALLT, ALXN, APD, ATGFF, *AVY*, BANC, *BAYRY*, BBDO, BBW, *BCS*, BDRBF, BG, BOFI, BSMX, BWA, CCMP, CFFN, CFWFF, CLI, *COP*, COWN, CPF, CRAI, CRI, CSH, CUBI, CVE, CVRR, DFT, DIN, DLAKY, DLPH, DVD, EME, EPD, EURN, EXAS, EXLS, FCN, *FIG*, GCI, GG, GLOP, *GNC*, GOV, GPX, GSS, *GT*, GTLS, GTXI, GWB, HST, ICD, IDA, IMS, INCR, INDB, INGR, INOD, IQNT, KEM, KERX, LDOS, LKQ, *LLL*, LSG, *MA*, MCK, MD, MDXG, MMYT, MPLX, MSCI, MTH, *MWW*, MYE, OFC, OSIS, *OSK*, *PAG*, PATK, PBF, PF, PSTB, PX, RDS.A, RDY, REDF, RFP, RGS, RYAM, SC, SCG, *SHW*, *SNE*, SNMX, SQBG, STM, SXI, TDY, *TEVA*, *TWC*, UPL, VA, VICL, WST, *WWE*, XEL, XYL, ZBH