Apple Today - 11/19/2015 (AAPL)
seymour_greenz • November 19th 2015 09:30:59 AM
Good Morning,
NASDAQ Futures are up 12 with +13 Fair Value, Dow Futures are up 17 on another busy day of economic data.
Asian markets were sharply higher today. China closed up 1.36%, Hong Kong was up 1.41% and Japan gained 1.07%. European markets are currently higher as well, with the UK up nearly 1%, Germany nearly 1.3% and France up nearly 0.5%. Commodities are currently mostly down in pre-market. Oil is down over 1.5%, natural gas is down nearly 0.75% and gold is up about 0.2%. US jobless claims fell. Earnings from salesforce.com showed an increase in revenue and the stock is up 5% in pre-market. Keurig Green Mountain (GMCR) also reported earnings yesterday and is currently up over 19% in pre-market. Earnings for Weibo Corporation (WB) boosted the stock up 6%. On the other hand, this morning's earnings reporters did not fare nearly as well, Best Buy (BBY) is down over 5% and JinkoSolar Holding (JKS) dropped over 8%. Today after the bell, earnings reports are expected from a bunch of late-bloomers, including software giant Autodesk (ADSK), retailer The Gap (GPS), Intuit (INTU), grocery chain The Fresh Market (TFM), cloud enterprise Workday (WDAY) and Williams-Sonoma (WSM). Tomorrow, keep an eye out for retailers Abercrombie & Fitch (ANF) and Foot Locker (FL).
AAPL gapped up higher yesterday on Goldman Sachs adding Apple as a "conviction buy". AAPL opened at 115.75 and motored up to mid-117 within 30 minutes of the open on huge volume. AAPL spent the rest of the day in the 117-range with a mid-afternoon dip to 116.27 on moderately high volume at 2:04pm before recovering back towards the high of the day in late afternoon trading and closing the intra-day session strong at 117.29. AAPL gained an additional 21 cents in after-hours to 117.5.
This morning in pre-market, AAPL opened up higher at 117.67 on low volume and gravitated towards 118. By 6:42am, AAPL peaked at 118.14 on low volume, then began selling off on higher volume. By 8:24am AAPL dipped as low as 117.06 on high volume. AAPL is currently down 4 cents to 117.25.
Classic max-pain is 116.
Higher US open:
http://www.reuters.com/article/2015/11/19/us-markets-stocks-idUSKCN0T81L720151119
Global shares higher:
http://www.reuters.com/article/2015/11/19/us-global-markets-idUSKCN0T800Z20151119
US jobless claims down:
http://www.reuters.com/article/2015/11/19/us-usa-economy-unemployment-idUSKCN0T81TY20151119
Best Buy troubles:
http://www.bloomberg.com/news/articles/2015-11-19/best-buy-sales-trail-analysts-estimates-as-tablet-demand-falls
Pfizer-Allergan deal:
http://www.bloomberg.com/news/articles/2015-11-18/pfizer-said-to-near-acquisition-of-allergan-in-biggest-drug-deal
Amazon wants your Black Friday:
http://www.wired.com/2015/11/amazons-ingenious-scheme-to-undermine-black-friday/
Google streaming apps:
http://www.wired.com/2015/11/google-streaming-apps-search/
Mobile payments are hot:
http://www.cnet.com/uk/news/lg-joins-apple-google-in-creating-its-own-mobile-payment-system/
Nadella on adapting:
http://www.ledgergazette.com/businesses-must-adapt-to-constantly-under-attack-environment-microsoft-ceo/139867/
Watson plays Santa:
http://venturebeat.com/2015/11/18/ibms-new-app-taps-watson-to-tell-you-what-products-might-sell-out-for-christmas/
Save your video on Skype:
http://www.techtimes.com/articles/108479/20151119/skype-for-android-now-allows-users-to-save-video-messages.htm
Now that's a rock!
http://news.discovery.com/earth/rocks-fossils/largest-diamond-in-more-than-a-century-found-in-botswana-151119.htm
Planets being born:
http://www.latimes.com/science/sciencenow/la-sci-sn-planets-being-born-20151118-story.html
Teeny jellyfish:
http://www.smithsonianmag.com/ist/?next=/smart-news/parasite-really-micro-jellyfish-180957326/
Curiosity to check out Mars dunes:
http://news.discovery.com/space/curiosity-to-check-out-dark-mars-dunes-151119.htm
Breakthrough could lead to better prostate cancer treatment:
http://medicalxpress.com/news/2015-11-breakthrough-prostate-cancer-treatment.html
Drug spending soars:
http://www.techtimes.com/articles/108119/20151119/drug-spending-worldwide-to-hit-1-4-trillion-in-2020-ims.htm
Today's Economic Calendar:
8:30 Initial Jobless Claims
8:30 Philly Fed Business Outlook
9:45 Bloomberg Consumer Comfort Index
10:00 Leading Indicators
10:30 EIA Natural Gas Inventory
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Notable earnings after today's close: *ADSK*, ANW, ASYS, CISG, CRMT, ESL, *GPS*, *INTU*, JMEI, KEYS, MENT, MOMO, NGVC, NMBL, *ROST*, RSGUF, SPLK, SPWH, *TFM*, WAIR, *WDAY*, *WSM*, ZOES
And tomorrow before the open: *ANF*, CCSC, DXLG, *FL*, GMAN, HIBB, HRG, KUTV, SIRO