Now taking membership applications! Login or Register with Invitation Code

Apple Today - 12/10/2015 (AAPL)

seymour_greenz • December 10th 2015 09:47:02 AM

Good Morning,

NASDAQ Futures are up 12 with +7 Fair Value, Dow Futures are up 29 on this Thursday filled with economic data. Futures are up, but were higher earlier.

Asian markets closed in the red today. China dropped 0.49%, Hong Kong lost 0.45% and Japan led the decline with a drop of 1.32%. European markets are mixed today. The UK is currently down 0.35%, on the other hand France is up 0.22% while Germany is slightly above flat by 0.02%. Commodities are mostly down this morning, with oil down 1%, down from green earlier. Natural gas is down and gold are both down 0.4% while corn holds onto a gain of 0.2%. Heating oil and unleaded gas are the only other green commodities this morning.

US jobless claims rise to five-month high with the underlying trend still favorable.

Men's apparel retailer Men's Wearhouse (MW) is down a staggering 23% in premarket after announcing lower-than-expected 3Q earnings yesterday afternoon. Ciena Corporation (CIEN) is also down 13% this morning after reporting missed revenue estimates and providing lower than expected guidance. For earnings this afternoon, keep an eye out for software company Adobe Systems (ADBE), consumer fashion and lifestyle brand manager Cherokee (CHKE) and luxury home furnishings retailer Restoration Hardware (RH).

AAPL had another down day yesterday, losing 2.21% with the trouble starting in pre-market. After opening lower at 117.55, AAPL quickly failed to hold the mid-117 area and dropped considerably and consistently all morning on moderate volume right into the low-115 area, over 2 points from the open. The afternoon was spent hanging on to the 115.5 line with periodic dips into the low-115 area and eventually hitting the day's low of 115.08 at 3:20pm on moderate volume. Near the close, AAPL fought back to mid-115 and closed the intra-day session down 2.61 at 115.62. After-hours was uplifting and added 18 cents to 115.8.

This morning in pre-market, AAPL opened up higher in conjunction with Futures and gravitated to the 116 line with a dip to 115.76 at 7:44am on moderate volume before bouncing back above 116. AAPL is currently up 48 cents 116.10.

Classic max-pain remains 117.

US jobless claims rise to five-month high, underlying trend still favorable:

Middle class losing ground:

Swiss National Bank keeps record low rate:

BOE Keeps Rate at 0.5%:

Oil producers offset fall in prices by raising output:

VW says only small group to blame for emissions scandal:

Men's Wearhouse plunges:

Apple March event:

More on Apple streaming TV delay:

Apple's new un-Apple battery case:

Best Apple apps 2015:

Google 2015 recap:

Windows 10 gets Uber:

Baidu's autonomous car hits the road:

GoPro lets you use an Apple Watch:

Is WalPay next?

Is Airbnb the best place to work in America?

Zuckerberg says Muslims always welcome:

Who created Bitcoin?

A real Hyperloop?

This camera can see around corners:

Japan's Akatsuki spacecraft beams back photos of Venus:

Meet Prometheus, Saturn's "Potato" moon:

US Intelligence Agency awards grant to advance IBM's quantum computer research:

Chipotle CEO apologizes:

Does happiness bring good health?

First puppies born by in vitro fertilization:

Stand up, for life!

Today's Economic Calendar:
8:30 Initial Jobless Claims
8:30 Import/Export Prices
9:45 Bloomberg Consumer Comfort Index
10:00 Quarterly Services Report
10:30 EIA Natural Gas Inventory
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

Notable earnings after today's close: *ADBE*, *CHKE*, CIVI, DDC, FNSR, HBAYF, IRET, KMG, NCS, NDSN, PPHM, PURE, *RH*, SOFO, STRM, STRP

And tomorrow before the open: VNCE

Go Back