Apple Today 07/22/2015 (AAPL)seymour_greenz July 22nd 2015 09:25:22 AM
NASDAQ Futures are down 65 with -64 Fair Value, Dow Futures are down 66. AAPL, MSFT and YHOO reported earnings interpreted as disappointing yesterday and are all down. ANGI is tanking for good measure.
Yesterday, AAPL saw a suspicious decline from the peak 133 area attaining on Monday, closing down to 130.75 before the report. Apple reported earnings yesterday and although it was another great quarter, apparently it was not enough. AAPL almost immediately dropped nearly 10 points in after-hours trading and had a slight bounce back to the 123 area. This morning in pre-market AAPL unsurprisingly opened lower yet hit a high point of 124.29 at 4:10am and has sold off steadily since, finding comfort near 121-122. AAPL is currently down 9.03 points to 121.72.
Classic max-pain curiously reports 128, while just yesterday it was 125.
Microsoft takes a hit:
Good idea, Marissa.
Definitely a bird.
Today's economic calendar:
7:00 MBA Mortgage Applications
9:00 FHFA House Price Index
10:00 Existing Home Sales
10:30 EIA Petroleum Inventories
Notable earnings after today's close: ALTR, AXP, AMP, CAKE, CRUS, DFS, DLB, EFX, HBI, LVS, MORN, NRIM, QCOM, SNDK, TSCO
And tomorrow before the open: MMM, ADS, BSX, BMY, CELG, CMCSA, DOW, DPS, DNKN, IMAX, JNS, KMB, PJC, RTN, R, UAL, WM