Apple Today - 11/13/2015 OPEX (AAPL)
seymour_greenz • November 13th 2015 09:32:17 AM
Good Morning,
NASDAQ Futures are down 16 with -15 Fair Value, Dow Futures are down 38. Futures were green earlier and have dropped towards the open.
Asian markets closed lower today. China dropped 1.43%, Hong Kong closed down 2.15% and Japan ended lower by 0.51%.
European markets are currently lower today. UK and Germany are down under 1% and France is down over 1%. Commodities are currently mixed in pre-market, oil is currently down around 0.25%, natural gas is up 2% ahead of inventory and gold is up nearly 0.2%. Another busy economic calendar day with retail sales numbers at 8:30am and the Fed's economy and monetary policy at 11:45am. Cisco Systems (CSCO) reported earnings yesterday after the bell and is currently down 4.5% on guidance and currency concerns.
Yet another rough day for AAPL with a losing struggle to hold 116. After a fairly optimistic open, AAPL turned solid green and really started looking good around 10am, peaking at 116.82 at 10:12am on relatively high volume. AAPL quickly sold off on moderate volume back to 116, dipping into the red before rebounding back near 116.5 30 minutes later. Failing to reach 116.5 or make a new high, AAPL dropped to 116 again and beyond to 115.65 and subsequently spent the entire afternoon struggling in the upper-115 area with periodic and fleeting peeks above the 116 water-line. There appeared to be hope of closing above 116 but AAPL sold off again towards the close and ended the intra-day session at 115.72. After-hours saw additional very low volume selling and ended 115.59, likely due to "talking heads".
This morning in pre-market, AAPL opened up slightly above yesterday's intra-day close and, in a similar phenomenon as yesterday's after-hours, dipped down on low volume, reaching a low point of 114.85 at 6:55am before bouncing back towards 115.5 in later pre-market trading. AAPL is currently down 27 cents to 115.45.
Classic max-pain is 117. Today is OPEX.
Futures down ahead of open:
http://www.reuters.com/article/2015/11/13/us-usa-stocks-idUSKCN0T21EB20151113
US retail sales rise, auto purchases fall:
http://www.reuters.com/article/2015/11/13/us-usa-economy-idUSKCN0T21IG20151113
US labor market data may support hike:
http://www.reuters.com/article/2015/11/12/us-usa-economy-idUSKCN0T11M020151112
JC Penney reports loss but beats expectations?
http://abcnews.go.com/Business/wireStory/penney-reports-3q-loss-35174448
Can you count on Social Security?
http://www.forbes.com/sites/janetnovack/2015/11/12/after-budget-deals-surprise-cuts-can-boomers-really-count-on-social-security/
Cisco forecast woes:
http://www.bloomberg.com/news/articles/2015-11-12/cisco-forecasts-miss-analyst-estimates-as-currency-erodes-growth
iPad Pro delivers:
http://www.zdnet.com/article/ipad-pro-day-2-and-already-improving-my-work-routine/
Top apps for your new Apple TV:
http://www.nydailynews.com/news/national/apps-games-download-new-apple-tv-article-1.2433189
Apple ending Beats Music?
http://www.computerworld.com/article/3004931/internet/apple-to-shutter-beats-music-nov-30.html
Expired Apple certificate triggers app troubles:
http://www.computerworld.com/article/3004824/mac-os-x/lapsed-apple-certificate-triggers-massive-mac-app-fiasco.html
Google gets pulled over:
http://www.cnet.com/au/news/googles-self-driving-car-pulled-over-for-driving-too-slowly/
Ford testing autonomous vehicles:
http://www.chron.com/news/article/Ford-starts-testing-autonomous-vehicles-in-6629495.php
Facebook tests disappearing messages:
http://www.androidheadlines.com/2015/11/facebook-testing-disappearing-messages-france.html
Get ready for VR ads:
http://www.techtimes.com/articles/106123/20151113/virtual-reality-is-still-new-but-facebook-is-already-putting-ads-in-360-degree-videos.htm
Maybe smaller is better after all?
http://www.nytimes.com/2015/11/13/science/after-a-mass-extinction-only-the-small-survive.html?_r=0
The age of Earth's water:
http://www.smithsonianmag.com/science-nature/earths-water-may-be-old-earth-itself-180957262/?no-ist
Could this solve Our carbon emissions?
http://www.techtimes.com/articles/106281/20151113/scientists-develop-porous-liquid-that-dissolves-gas-could-this-solve-our-carbon-emission-woes.htm
Is Autism an increasing problem?
http://www.cnn.com/2015/11/13/health/autism-numbers-inflation/
Sugar and diabetes:
http://food.ndtv.com/health/does-eating-too-much-sugar-cause-diabetes-1243114
Today's Economic Calendar:
8:30 Producer Price Index
8:30 Retail Sales
10:00 Business Inventories
10:00 Reuters/UofM Consumer Sentiment
10:30 EIA Natural Gas Inventory
11:45 Fed's Mester: Economy and Monetary Policy
Notable earnings after today's close: CIG, WGL
And on Monday before the open: NORD, ANY, ARGS, *ASUR*, BLRX, DHXMF, DPRX, EMIS, EPRS, EPRS, FSNN, GRH, IACAF, JD, KBCSF, *MOBI*, NBY, TPCS, VRS, *WAVX*