Apple Today - 3/04/2016 OPEX (AAPL)
seymour_greenz • March 4th 2016 10:55:46 AM
Good Morning,
NASDAQ Futures are up 20 with +16 Fair Value, S&P Futures are up 7 with +5 Fair Value and Dow Futures are up 56 on this first OPEX Friday of March as the awaited jobs report rolls in. Futures were undecided early this morning and turned positive after 6am and catapulted up after the jobs numbers were released at 8:30am.
Asian markets closed up today. China gained 0.5%, Hong Kong added 1.18% and Japan ended up 0.32%. European markets are rallying today. The UK is currently up 1.08%, Germany is up 1.37% and France is up 0.76%.
Commodities are mostly up this morning. Oil is up 1.07%, natural gas is down 1.34% and gold is up 0.2%. Unleaded gas is up 0.63% and heating oil is up 1.01%. Metals are up. Meat is mixed. Cocoa, coffee, cotton, corn, wheat and soybeans are all up.
US economy adds 242,000 jobs, unemployment at 4.9%. Mortgage rates move higher.
Ambarella (AMBA) reported earnings yesterday afternoon and is down 8% on lower than expected guidance. H&R Block Inc. (HRB) also announced earnings yesterday with a larger than expected loss and is down over 11%.
This afternoon after the bell, look for a rare Friday afternoon earnings report from Roka Bioscience (ROKA).
AAPL continued on its masterpiece run yesterday, ending in shades of green and up 0.74%. AAPL opened down at 100.59 on moderately high volume and soon launched up above 101 on moderate volume, peaking at 101.71 at 10:07am on moderate volume. During the afternoon AAPL dipped below 101 where it remained for a couple of hours on low volume until it made a break for 101 again toward the upper-100 area after 1:30pm on moderate volume. AAPL continued painting green lines for the rest of the afternoon, regaining the mid-101 area as 3pm arrived. After nearing the day's high at 3:36pm on relatively light volume, AAPL dipped slightly to close intra-day up 75 cents at an even 101.5. AAPL continued on in after-hours and gained an additional 35 to end at 101.85.
This morning in pre-market, AAPL picked up from yesterday's intra-day close and broke 102 before the jobs report, then sold off before the report and rallied as high as 102.49 after the report. AAPL is currently up 52 cents at 102.02 as we approach the open.
Classic max-pain is 98. Today is OPEX. Have a good weekend with your friends and family.
US economy adds 242,000 jobs, unemployment at 4.9%:
http://www.nytimes.com/2016/03/05/business/economy/jobs-report-unemployment-wages.html
Mortgage rates move higher on positive economic news:
https://www.washingtonpost.com/news/where-we-live/wp/2016/03/03/mortgage-rates-move-higher-on-positive-economic-news/
Fed and the markets on March 15-16 meeting:
http://www.bloomberg.com/news/articles/2016-03-03/fed-and-the-markets-breaking-up-to-making-up-on-rate-outlook
Goldman and Bank of America to cut over 5% of fixed-income traders:
http://www.bloomberg.com/news/articles/2016-03-04/goldman-bofa-dismiss-traders-after-getting-taste-of-16-markets
Tech unites behind Apple:
http://www.reuters.com/article/apple-encryption-google-facebook-idUSKCN0W527Y
Apple patents magnetically detachable wireless earbuds for iPhone:
http://appleinsider.com/articles/16/03/01/apple-patents-magnetically-detachable-wireless-earbuds-for-iphone
Need Apple help? Seek Twitter:
http://www.cnet.com/au/news/apple-customer-support-will-now-help-you-via-twitter/
Google's new face payment lets you buy stuff like stuff to stuff your face with your face:
http://www.pcworld.com/article/3040572/mobile/googles-new-hands-free-payment-app-lets-you-buy-stuff-with-your-face.html
Alphabet tops Fortune's list of 100 best companies to work for in the US:
http://www.techtimes.com/articles/138568/20160304/google-alphabet-tops-fortunes-list-of-100-best-companies-to-work-for-in-the-us.htm
Amazon quietly disabled encryption:
http://www.theverge.com/2016/3/3/11157752/amazon-fire-os-encryption-removed-upgrade
Here's why Epic's CEO is against UWP:
http://arstechnica.com/gaming/2016/03/tim-sweeney-to-microsoft-universal-windows-platform-can-should-must-and-will-die/
Facebook accounting change could cost millions:
http://www.nytimes.com/2016/03/05/technology/facebook-tax-britain.html
Instagram blocks profile links to Snapchat and Telegram:
http://www.pcmag.com/article2/0,2817,2500307,00.asp
Oculus founder slams Apple, ouch!
http://www.cnet.com/news/oculus-rift-will-get-mac-support-if-apple-ever-releases-a-good-computer-founder-says/
Amazon Echo family grows with Dot and Tap:
http://www.techtimes.com/articles/138516/20160304/amazon-outs-echo-dot-and-amazon-tap-how-are-they-different-from-amazon-echo.htm
The new fast casual king:
http://money.cnn.com/2016/03/03/investing/chipotle-e-coli-panera-fast-casual/
Nook pulls out of UK:
http://www.bbc.co.uk/news/technology-35724722
BlackBerry Priv arrives to Verizon Wireless:
http://www.zdnet.com/article/blackberry-priv-finally-makes-its-way-to-verizon-wireless/
Snapchat raises $175 million:
http://www.reuters.com/article/us-snapchat-fidelity-funds-idUSKCN0W604K
Not what I expected, but could it be great?
http://www.zdnet.com/article/six-flags-partners-with-samsung-for-virtual-reality-coaster-rides/
Business bank accounts vulnerable to hacking:
https://www.washingtonpost.com/national/hacked-business-bank-accounts-vulnerable-to-cybercriminals/2016/03/03/e010f490-e152-11e5-8c00-8aa03741dced_story.html
Social Security tips:
http://www.nasdaq.com/article/social-security-clinic-have-your-clients-claimed-back-benefits-cm587220
A long time ago in a galaxy far far away has been found:
http://www.forbes.com/sites/startswithabang/2016/03/03/hubble-shatters-the-cosmic-distance-record-most-distant-galaxy-a-shocker/#5ea21708187d
Mars had huge volcanoes:
http://www.cnn.com/2016/03/03/world/volcanoes-mars-irpt/
SpaceX will try again today:
http://www.space.com/32155-spacex-satellite-launch-rocket-landing-attempt-webcast.html
Is the field of psychology in need of therapy?
http://www.wired.com/2016/03/psychology-crisis-whether-crisis/
The end of encryption?
http://www.csmonitor.com/Science/2016/0304/Will-quantum-computing-kick-off-an-encryption-revolution
New artificial skin has tricks up its sleeve:
http://www.csmonitor.com/Science/2016/0303/This-new-artificial-skin-can-glow-stretch-and-walk
See beetles "waterski":
http://www.csmonitor.com/Science/2016/0303/These-beetles-waterski-scientists-say.-How-do-they-do-it
Sounds from the deep:
http://www.cnet.com/news/hear-an-earthquake-from-deep-in-the-oceans-mariana-trench/
Robot roaches can fit into small spaces:
http://www.scientificamerican.com/video/robotic-roaches-can-squeeze-into-small-spaces/
Breakthrough in cancer research:
http://www.cnn.com/2016/03/04/health/cancer-treatment-research-breakthrough/
Evidence accumulating for link between Zika and neurological disorders:
http://www.reuters.com/article/us-health-zika-who-idUSKCN0W618T
Aspirin use may cut colon cancer risk:
http://www.techtimes.com/articles/138493/20160304/prolonged-aspirin-use-may-slash-colon-cancer-risk.htm
Join IBM's sleep study on iOS:
http://www.pcmag.com/article2/0,2817,2500282,00.asp
Insane.
http://www.telegraph.co.uk/news/newstopics/howaboutthat/12183566/Pre-peeled-oranges-from-Whole-Foods-spark-major-Twitter-backlash.html
Today's Economic Calendar:
8:30 Non-farm payrolls
8:30 International Trade
10:45 Fed's Kaplan: Monetary Policy
1:00 PM Baker-Hughes Rig Count
Notable earnings after today's close: ROKA
And on Monday before the open: GEF, LMOS, SSL, TGONF, TTCNF