Apple Today - 11/03/2015 (AAPL)
seymour_greenz • November 3rd 2015 09:32:10 AM
Good Morning,
NASDAQ Futures are down 14 with -14 Fair Value, Dow Futures are down 33. Asian markets closed mixed. China dropped 0.25%, and Japan fell a stunning 2.10%. Hong Kong, on the other hand, gained 0.89%. Oil is up over 0.5%, natural gas is faring even better this morning up over 0.7%. Gold being the odd commodity out this morning, is down 0.6%. Shares of King Digital Entertainment (KING) of Candy Crush fame are up 15% in pre-market after a report that Activision Blizzard is to Acquire King Digital Entertainment for $5.9 Billion. There's a plethora of earnings headed our way this afternoon after the bell. Watch out for the one and only fully electric automotive company, Tesla (TSLA), nutrition supplier Herbalife (HLF), web sites Groupon (GRPN), Etsy (ETSY) and Zillow (Z), and video game maker Zynga (ZNGA), among the many others.
AAPL had an impressive Monday, ending up 1.68, or 1.41%, in what seemed to be a bounce back correction of sorts from Friday's OPEX. AAPL began the day just under 120 and quickly reclaimed 120 on moderately high volume, followed by 120.5 shortly after. AAPL hovered in the upper 120-area most of the day but made a break above 121 in the last 40 minutes of the day on moderate volume, closing the intra-day session at 121.18. After-hours was relatively quiet after the first hour and AAPL gained 7 cents to 121.25.
This morning in pre-market, AAPL opened up lower and immediately dropped to 120.55 on low volume in conjunction with Futures. After bouncing back into the upper 120-area in early morning, AAPL spiked down to 120.34 at 7:26 on moderately high volume before recovering back to 120.79 less than 40 minutes later. AAPL has been oscillating in the upper 120-area as we approach the open. AAPL is currently down 47 cents at 120.71.
Classic max-pain is 118.
Tech lifts global markets:
http://www.reuters.com/article/2015/11/03/us-markets-global-idUSKCN0SS01020151103
China aims for 6.5% annual growth to 2020:
http://www.nytimes.com/2015/11/04/world/asia/china-economic-growth-xi.html?_r=0
A sweet deal?
http://time.com/4097969/activision-king-candy-crush/
Auto sales up:
http://www.bloomberg.com/news/articles/2015-11-03/toyota-fiat-chrysler-beat-estimates-for-u-s-october-auto-sales
Troubles for Freddie?
http://www.nytimes.com/aponline/2015/11/03/business/ap-us-earns-freddie-mac-.html
Discovery Communications flat:
http://variety.com/2015/tv/news/discovery-earnings-1201632221/
Sprint earnings:
http://www.reuters.com/article/2015/11/03/sprint-corp-results-idUSL3N12Y3M920151103
Siri is the star of Apple TV:
http://time.com/4097458/best-feature-new-apple-tv/
iOS hacker takes $1 million prize:
http://www.pcworld.com/article/3000637/security/winner-claimed-in-1-million-ios-9-hacking-contest.html
How retro of you, Bezos!
http://fortune.com/2015/11/03/amazon-bookstore/
Google vs Apple on OS path:
http://fortune.com/2015/11/02/google-disagrees-with-apple-on-operating-systems/
Google and innovation:
http://www.bostonherald.com/business/technology/2015/11/google_founder_hopes_alphabet_spells_innovation
T-Mobile wants give you a little cell tower for free:
http://www.cnet.com/news/t-mobile-wants-to-boost-your-indoor-cell-signal/
Facebook and the future of AI:
http://www.bloomberg.com/news/articles/2015-11-03/why-facebook-is-spreading-the-gospel-of-artificial-intelligence
How do drones avoid stuff?
http://fortune.com/2015/11/03/drone-avoids-obstacles-heres-how/
G'day chimp!
http://www.bbc.com/news/science-environment-34705461
Better wear your goggles on Mars:
http://news.discovery.com/space/acid-fog-likely-dissolved-rocks-on-mars-151102.htm
Speedy snail:
https://www.washingtonpost.com/news/speaking-of-science/wp/2015/11/03/worlds-tiniest-land-snail-breaks-a-record-made-just-weeks-ago/
Serious problem surfacing for middle-aged whites?
http://www.npr.org/sections/health-shots/2015/11/02/453192132/in-reversal-death-rates-rise-for-middle-aged-whites
Puppies and ponies may lower asthma risk:
http://www.newsweek.com/kids-who-have-puppies-or-ponies-may-have-lower-asthma-risk-389967
Today's Economic Calendar:
Auto Sales
8:30 Gallup US ECI
8:55 Redbook Chain Store Sales
10:00 Factory Orders
Notable earnings after today's close: AAT, *ACHC*, AEMD, AERI, *AFG*, AIOCF, AIV, AKR, AMRN, AMSG, ASH, ATEC, *ATVI*, AWR, BIO, BKH, CBPO, CBS, CCUR, CECO, CERN, CGNT, CHEF, CHUY, *CIM*, *CKP*, *COKE*, CPIX, CSU, CSV, CTLT, DAC, DEI, *DENN*, DHT, DK, DKL, DPLO, DVA, *DVN*, EARN, ECYT, ENPH, ENSG, EPIQ, ESSX, *ETSY*, FANG, FARO, FATE, FCE.A, FCGYF, FFG, FIVN, FLTX, FMI, FOLD, FOXA, FPLSF, GBNXF, GHDX, GMED, GNMSF, *GRPN*, GTE, HCI, HF, HL, *HLF*, HLI, HRZN, IAG, INTT, IOSP, IPHS, IRWD, ISH, ITRI, *IVR*, *JCOM*, KBAL, KEG, KEYUF, KFRC, KTWO, LAND, LDL, LLNW, LOV, MCF, MEMP, MPO, MRIC, MTZ, MXL, MYGN, NATL, NATR, NEWT, NFX, NOA, NRCIB, NTK, NYMT, OAS, OCLR, OESX, OFIX, OKE, OKS, ONVI, ORA, PAA, PAGP, PAYC, *PBPB*, PCTI, PGH, PKD, QUAD, REGI, RIGL, RLOC, RP, RPAI, RSO, RTRX, RXN, SLRC, SLW, SRT, SSNI, STXS, SUNS, SUPN, SYX, TDW, TMH, TPRE, TREC, TRUP, *TSLA*, TSLX, TSRA, TSU, UNTD, USNA, VNDA, VNOM, *WBMD*, WFSTF, *X*, XEC, XNCR, *XOXO*, XXIA, *Z*, ZAGG, ZEN, *ZNGA*
And tomorrow before the open: AGN, AGYS, ARCC, ARCO, ARNGF, ARRY, ATTU, AVA, *AVP*, AXAS, BDX, BIOS, BIP, BKCC, BSFT, CAPL, CBB, *CDW*, *CHK*, CLH, CLMT, CPS, CRK, CRTO, CRZO, CST, CSTE, CTSH, DAVE, *DDD*, EBIO, EE, EFOI, EGLT, EMES, ENBL, ENLC, ENLK, *FOR*, GDP, GPT, GSL, HAE, HEP, HLUKF, *HSIC*, *HSNI*, INXN, ITUB, KELYA, KEY, KORS, LGIH, LINC, *LL*, MFA, MNTA, MPSYF, MRD, MWE, NAVB, NC, NCT, NEWP, NEWS, NRG, NYLD, OIIM, ONCE, PESI, *RDEN*, *REGN*, *REV*, SBGI, SCAI, SCMP, SE, SEP, SMTP, SNH, SPNS, *SSYS*, STNG, TESO, THR, TMHC, TW, *TWX*, USAK, *VG*, *VIRT*, VNRX, *VOYA*, VRTU, *VSI*, WCG, WD, WEC, *WEN*, WILN, *WIX*, WMC, WTR, XLRN, ZFC