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:
http://www.reuters.com/article/us-usa-economy-idUSKBN0TT1OP20151210
Middle class losing ground:
http://www.huffingtonpost.com/entry/middle-class-not-majority_5668b75be4b0f290e521f31e
Swiss National Bank keeps record low rate:
http://www.bloomberg.com/news/articles/2015-12-10/snb-keeps-deposit-rate-at-record-low-says-franc-overvalued
BOE Keeps Rate at 0.5%:
http://www.bloomberg.com/news/articles/2015-12-10/boe-keeps-rate-at-0-5-as-oil-wages-weigh-on-price-pressures
Oil producers offset fall in prices by raising output:
http://www.reuters.com/article/us-oil-production-kemp-idUSKBN0TT1JC20151210
VW says only small group to blame for emissions scandal:
http://www.reuters.com/article/us-volkswagen-emissions-idUSKBN0TT14V20151210
Men's Wearhouse plunges:
http://www.bloomberg.com/news/articles/2015-12-09/jos-a-bank-remains-in-free-fall-dragging-down-men-s-wearhouse
Apple March event:
http://www.forbes.com/sites/brookecrothers/2015/12/08/apple-watch-2-coming-4-inch-iphone-6c-possible-in-march-report/
More on Apple streaming TV delay:
http://appleinsider.com/articles/15/12/09/apples-streaming-tv-talks-fell-apart-on-push-for-skinny-channel-bundle-priced-under-30month---report
Apple's new un-Apple battery case:
http://www.macworld.com/article/3013720/hardware/if-apples-battery-case-is-a-solution-why-are-there-so-many-questions.html
Best Apple apps 2015:
http://www.zdnet.com/article/best-iphone-ipad-apps-of-2016-heres-apples-pick-of-the-top-25/
Google 2015 recap:
http://www.pcworld.com/article/3012325/google-services/googles-biggest-hits-misses-and-wtf-moments-of-2015.html
Windows 10 gets Uber:
http://www.zdnet.com/article/microsofts-windows-10-universal-apps-plan-gets-a-lift-from-uber/
Baidu's autonomous car hits the road:
http://www.wired.com/2015/12/baidus-self-driving-car-has-hit-the-road/
GoPro lets you use an Apple Watch:
http://venturebeat.com/2015/12/10/gopro-lets-you-use-an-apple-watch-to-activate-action-camera/
Is WalPay next?
http://www.bloomberg.com/news/articles/2015-12-10/wal-mart-to-start-letting-customers-pay-using-its-smartphone-app
Is Airbnb the best place to work in America?
http://www.cnet.com/au/news/the-best-place-to-work-in-america-why-airbnb/
Zuckerberg says Muslims always welcome:
http://www.cnet.com/uk/news/facebooks-zuckerberg-says-he-supports-muslims/
Who created Bitcoin?
https://www.washingtonpost.com/news/morning-mix/wp/2015/12/10/the-long-perplexing-search-for-the-creator-of-bitcoin-just-took-another-weird-turn/
A real Hyperloop?
http://www.recorderonline.com/news/state_news/california-firm-hyperloop-to-test-engine-in-southern-nevada/article_a319d0dc-d074-5f61-b1ff-c8565b8430ce.html
This camera can see around corners:
http://www.techtimes.com/articles/114877/20151209/camera-sees-around-corners-in-real-time.htm
Japan's Akatsuki spacecraft beams back photos of Venus:
http://www.csmonitor.com/Science/2015/1209/Phoenix-rising-Japan-s-spacecraft-beams-back-photos-of-Venus
Meet Prometheus, Saturn's "Potato" moon:
http://www.techtimes.com/articles/114954/20151210/cassini-captures-image-of-saturns-potato-moon-prometheus-from-23-000-miles.htm
US Intelligence Agency awards grant to advance IBM's quantum computer research:
http://www.techtimes.com/articles/114909/20151210/us-intelligence-agency-awards-grant-to-advance-ibm-quantum-computer-research.htm
Chipotle CEO apologizes:
http://www.reuters.com/article/us-chipotle-mexican-ecoli-idUSKBN0TT1L120151210
Does happiness bring good health?
http://www.nytimes.com/2015/12/10/health/happiness-health-study.html
First puppies born by in vitro fertilization:
http://www.smithsonianmag.com/ist/?next=/science-nature/these-baby-beagles-are-first-dogs-born-vitro-fertilization-180957499/
Stand up, for life!
http://www.telegraph.co.uk/news/science/science-news/11073662/How-standing-might-be-the-best-anti-ageing-technique.html
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