Apple Today - 11/12/2015 (AAPL)seymour_greenz November 12th 2015 09:31:00 AM
NASDAQ Futures are down 10 with -10 Fair Value, Dow Futures are down 70 on a full economic calendar Thursday. Futures were green earlier and have worsened a bit towards the open.
Asian markets closed mixed. China lost 0.48% while Hong Kong closed with a big 2.4% gain and Japan ended slightly up at .03%. European markets are currently lower today. UK is down about 1%, France is down over 1.3% and Germany is down 0.85%. Commodities are lower today, oil is currently down around 1.5%, natural gas is down over 0.5% and gold is down the least, nearly 0.3% in pre-market. There's a lot scheduled for today's economic calendar, including initial jobless claims, reported at 8:30am to indicate a healthy labor market, and Janet Yellen's speech at the open. This afternoon, look for earnings reports from Applied Materials (AMAT) and Cisco Systems (CSCO) as this earnings season draws to a close.
AAPL had another difficult day yesterday. AAPL opened lower again and dropped sharply within the first 20 minutes of trading on high volume. By 9:54am AAPL bottomed at 115.21 on heavy volume. After that, AAPL bounced above 116, then dipped below 115.5 before turning green and peaking all the way up to the mid-117 area at 12:30pm on moderately high volume. After lunch, AAPL struggled to hold 117 and turned red heading towards mid-116, oscillating from red to green in the upper-116 area 3 times with another attempt at 117.15 at 2:30pm on lower volume before dragging down into the close and ending the intra-day session at 116.11. AAPL dropped another 20 cents in after-hours, ending below 116 at 115.91.
This morning in pre-market, AAPL opened up slightly above yesterday's intra-day close and drifted in the low 116-area on extraordinarily low volume for most of the morning before conceding 116 at around 7:30am. AAPL has since drifted further lower and hit a pre-market low of 115.55 at 9:09am on moderate volume. AAPL is currently down 54 cents to 115.57.
Classic max-pain is 118.
Jobless claims indicate healthy labor market:
Yellen to speak at market open:
Trouble with Rolls-Royce?
Macy's cuts full-year forecast:
Meet the new iPad Pro:
New Apple medical product?
Apple person-to-person payments?
Windows 10 updated, smarter Cortana:
Xbox gets a boost today:
Firefox app now available:
Mobile rivals working in harmony:
Instagram app pulled for stealing passwords:
Black Friday deals at Wal-Mart:
Drone crashes into ferris wheel:
Nearly home, a rocky Earth-sized planet:
Undiscovered tomb at Great Pyramid?
The science behind Theranos:
British Ebola nurse recovers:
Today's Economic Calendar:
8:30 Initial Jobless Claims
9:05 Fed's Bullard: â€œRethinking Monetary Policyâ€
9:30 Janet Yellen speech
9:45 Fed's Lacker: â€œRethinking Monetary Policyâ€
9:45 Bloomberg Consumer Comfort Index
10:00 Job Openings and Labor Turnover Survey
11:00 EIA Petroleum Inventories
1:00 PM Results of $16B, 30-Year Note Auction
2:00 PM Treasury Budget
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
6:00 PM Stanley Fischer
Notable earnings after today's close: AGRO, *AMAT*, AMDA, AMPH, ANAD, ATAX, AXU, BANX, BDORY, BOWFF, BSQR, CBAY, CESDF, CGIFF, CIB, CLIR, CLRB, CORI, *COSI*, CPA, CPL, CPXX, CRTN, *CSCO*, CWSRF, CYCC, DAR, DRETF, EMAN, ESE, EVOK, FGEN, *FOSL*, GFF, GVP, HOLI, HPTO, ICCC, IMDZ, IMMY, IMOS, IMSC, INVE, ITMSF, *JWN*, KTEC, LFL, LIME, *LOCO*, MAMS, MELA, MSTX, NUOT, NVEE, OGXI, PANL, PDII, PFLT, PFSCF, PIH, *PLNT*, *PRSS*, REED, RIBT, RXII, RYI, SANW, SBS, SGTCF, SNWV, SPP, SYMX, SZMK, TAHO, TOLWF, USAT, VCEL, *VJET*, WLDN, XPLR
And tomorrow before the open: AFGVF, AGGZF, BERY, BTG, CDTI, *CELP*, CHRVF, CRMD, CRME, CSUWF, DGPIF, EORBF, GROW, IOC, *JCP*, *MTLS*, OLMIF, ONEXF, PFNX, TYC, UBIC, XIN