Apple Today - 11/10/2015 (AAPL)seymour_greenz November 10th 2015 09:29:42 AM
NASDAQ Futures are down 22 with -19 Fair Value, Dow Futures are down 40.
Asian markets closed mixed. China lost 0.18% while Hong Kong dropped 0.61%. Japan closed up 0.15%. European markets are currently mixed. Germany is up slightly around 0.5%, UK and France are down 0.25% and 0.5%. Oil is up nearly 1%, natural gas and gold are up around 0.25%.
AAPL started out good yesterday, overcoming a slightly weak open and quickly dashing towards 122, reaching a peak of 121.81 on relatively high volume by 9:48am. By mid-morning, AAPL had conceded 121 and hopes of 122. By 11:30am AAPL bounced on 120.21 and recovered as high as 120.82 on moderately high volume. In late afternoon trading, AAPL hit another intra-day low of 120.05 on moderate volume at 3:18pm before making a late dash back up towards 121 on moderate volume and coming within pennies before selling off 120.57 to as the bell rang. After-hours was extraordinarily active with AAPL dipping under 120 briefly on high volume before recovering mid-120 area. AAPL ended after-hours trading down 16 cents to 120.41.
This morning in pre-market, AAPL opened near the after-hours close and quickly dropped to the 120-area by 4:24am on moderately high volume. Shortly after 6am, AAPL dropped to 119.5 on low volume and struggled to hold the 119.5 area before dropping abruptly to 118 by 7:50 on high volume. AAPL briefly bounced above 118.5 but by 8:38am AAPL dropped again to 117.64 on very high volume. Struggling to hold the upper 117-area, AAPL again dropped below 117.5. AAPL is currently down a stunning 3.29 to 117.28. The "selling" can be attributed to supply chain weakness in China repored by "Credit Suisse Asia".
Classic max-pain is 120.
Brace for a lower open:
Xi pledges to improve economic growth:
China economy to get a boost from two-child policy:
iPad Pro on sale Wednesday:
Google Maps gets updates:
Google's open source AI engine:
Microsoft expands Azure cloud:
Alibaba $3.7 billion Youku Tudou buyout:
Science ideas for 2016:
Puzzling motion of Pluto's Moons:
Heart attack and stroke prevention:
Health insurance pointers:
Today's Economic Calendar:
6:00 NFIB Small Business Optimism Index
8:30 Import/Export Prices
8:55 Redbook Chain Store Sales
10:00 Wholesale Trade
1:00 PM Results of $24B, 10-Year Note Auction
Notable earnings after today's close: AMRK, *ARNA*, BOOT, COVS, DOX, DRNA, ELEEF, ESEA, EVDY, EVOL, EXEL, EXETF, FENG, FLL, GPRK, HCKT, HIL, HTHT, IMUC, *INGN*, INGXF, IPWR, ITI, JOBS, JUNO, KGC, LUNA, LXFT, MBLX, MGMXF, NLST, NVGS, OPWR, OPXA, PNNT, RESN, TGONF, TOTZF, TPVG, TTHI, UQM, WGBS, WPRT, XENE, ZFGN
And tomorrow before the open: ADGE, *ADT*, AHONY, AVOL, BREUF, CABGY, CADNF, CAE, CTIB, CYRN, EGRX, ELOS, ENZY, ESLT, FOMX, GIB, HSKA, INNL, LEU, *M*, MGIC, MTOR, NDRM, PAH, PTNR, RTK, RWEOY, STKL, SUBCY, TSEM, *YLWDF*