Apple Today - 11/23/2015 (AAPL)
seymour_greenz • November 23rd 2015 10:27:01 AM
Good Morning,
NASDAQ Futures are up 1 with +6 Fair Value, Dow Futures are down 1 on this Monday before Thanksgiving.
Asian markets ended mixed. China closed down 0.56%, Hong Kong was down 0.39% and Japan closed up 0.10%. European markets are all currently lower with the UK down 0.4%, Germany down 0.25% and France down the most at 0.7%. Commodities are also all currently down in pre-market. Oil is down 0.7%, natural gas is down over 1% and gold is down over 0.5%.
Allergan (AGN) and Pfizer (PFE) are both down by about 2.5% in pre-market after they confirmed plans to come together in a deal worth around $160 billion, the second-largest takeover of all time.
GameStop (GME) reported earnings this morning and the stock is currently down nearly 20% on profit concerns. Look for earnings from Palo Alto Networks (PANW) this afternoon. Tomorrow, prepare yourself for an onslaught of late earnings from a number of companies including chip manufacturer Analog Devices (ADI), food companies Campbell Soup Company (CPB) and Hormel Foods Corporation (HRL), clothing retailers DSW (DSW) and Burlington Stores (BURL), retailers Fred's (FRED), Dollar Tree (DLTR) and Cracker Barrel Old Country Store (CBRL), luxury brands Tiffany & Co (TIF) and Movado Group (MOV), offshore drilling contractor Seadrill (SDRL), and paint company Valspar (VAL).
AAPL had a recovery week last week, spanning from an edge-of-your seat open last Monday at 111 to a peak of 119.92, four days later. AAPL gained each day last week on strong volume with the exception of Tuesday. Wednesday, however, saw a gap up AAPL recovered over 6% for the week and ended the week at 119.3, up 7 points from the week's start.
This morning in pre-market, AAPL opened up lower on low volume and hovered around 119 for most of early pre-market before making a dash for upper-119 and peaking at 119.77 at 7:12am and dipping back down under 119.5. AAPL is currently up 25 cents to 119.55.
Classic max-pain is 117.
Pfizer and Allergan reach the $150 Billion merger deal:
http://www.nytimes.com/2015/11/23/business/dealbook/pfizer-and-allergan-reach-150-billion-merger-deal.html?_r=0
Commodities take a hit:
http://www.reuters.com/article/2015/11/23/us-global-markets-idUSKBN0TC00M20151123
Oil slides lower after spike:
http://www.reuters.com/article/2015/11/23/us-global-oil-idUSKBN0TC00O20151123
Don't expect much of a hike:
http://www.bloomberg.com/news/articles/2015-11-23/even-after-a-rate-hike-the-fed-will-probably-keep-rates-unusually-low-for-years
Apple Music on Apple TV:
http://www.macworld.com/article/3006922/streaming-services/apple-music-on-apple-tv-why-siri-support-cant-come-soon-enough.html
Apple Pencil, Keyboard fetch big bucks on eBay:
http://www.bidnessetc.com/57992-supply-constrained-apple-pencil-keyboard-sell-for-shocking-prices-on-ebay-i/
Apple wins patent infringement lawsuit:
http://www.techtimes.com/articles/109227/20151122/apple-wins-patent-infringement-lawsuit-filed-by-pendrell-subsidiary-content-guard.htm
Sergey to bridge...
http://time.com/4121895/google-star-trek-communicator/
Windows 10 adoption:
http://www.zdnet.com/article/windows-10-adoption-will-be-faster-than-windows-7/
Microsoft Volvo partnership:
http://thenextdigit.com/27170/microsoft-volvo-autonomous-cars/
Yahoo holds email hostage for some:
http://www.bbc.com/news/technology-34899575
Mark takes 2 for baby daughter:
http://abcnews.go.com/GMA/video/facebook-ceo-takes-months-paternity-leave-35369118
Pepsi Phone review:
http://www.computerworld.com/article/3007454/android/pepsi-phone-p1-confirmed-itbwcw.html
LG Pay:
http://en.yibada.com/articles/87889/20151123/lg-develops-its-own-mobile-payment-system.htm
The curiously cancelled LG Smartwatch:
http://www.forbes.com/sites/paullamkin/2015/11/23/the-curious-case-of-the-cancelled-lg-smartwatch/
New Star Wars footage:
http://www.eonline.com/news/718322/new-star-wars-the-force-awakens-footage-debuts-during-the-2015-american-music-awards-with-pentatonix-musical-tribute
What does a cyborg plant with color-changing leaves look like?
https://www.washingtonpost.com/news/speaking-of-science/wp/2015/11/23/a-cyborg-plant-with-color-changing-leaves-scientists-just-rose-to-the-occasion/
A very bright and cool idea:
http://www.thetimesgazette.com/breakthrough-laser-beams-help-with-refrigeration-scientists-develop-process-to-cool-liquids-in-real-world-order/9512/
Teeny eyes all over their shell:
http://www.csmonitor.com/Science/2015/1121/Bizarre-mollusk-s-armor-covered-with-rock-lens-eyes-say-scientists
Ebola crisis:
http://www.cnn.com/2015/11/23/africa/ebola-lancet-report/
More E.coli trouble for Chipotle:
http://www.reuters.com/article/2015/11/23/us-chipotle-mexican-ecoli-research-idUSKBN0TC1IN20151123
Sleeping in on weekends may be risky:
http://www.counselheal.com/articles/15896/20151123/sleeping-disturbance-health-risks-metabolism-problems.htm
Today's Economic Calendar:
8:30 Chicago Fed National Activity Index
9:45 PMI Manufacturing Index Flash
10:00 Existing Home Sales
Notable earnings after today's close: BRCD, CERE, CO, CPRT, CUB, DY, ENTA, FSAM, KZ, *PANW*, POST, PPSI, SRNA, TEDU, TOUR, VISN, YY
And tomorrow before the open: *ADI*, AMWD, ANCUF, BECN, *BURL*, *CBRL*, CHS, *CPB*, CTRN, DAKT, *DLTR*, *DSW*, EV, EVLV, *FRED*, FRO, GASS, GDOCF, GLAD, *HRL*, LG, MAGS, *MOV*, NADL, NJR, PDCO, RAVN, *SDLP*, *SDRL*, SDRNF, SFL, SIG, TECD, *TIF*, *VAL*, WNGRF, XCRA