Apple Today - 08/07/2015 OPEX (AAPL)seymour_greenz August 7th 2015 09:26:21 AM
NASDAQ Futures are down 5 with -4 Fair Value, Dow Futures are down 17. Futures were green earlier and have drifted lower through the morning ahead of the July jobs data. Nvidia (NVDA) reported an upside surprise yesterday and is up a hearty 9% this morning. Zynga (ZNGA) also reported yesterday and is up 4%.
There's no disputing that this week was a terrible continuation for AAPL. Peaking at the open on Monday at mid-122 and sliding a full 10 points to 112 just 2 days later. Yesterday, AAPL opened up and peaked near 116.5 at 9:32am, immediately selling off and hit 114.19 by 11:14am, a mere 2 hours later. By 2:30pm there was some recovery back to 115.73, and then a pullback towards 115 for the remainder of the day. AAPL closed the intra-day session at 115.13.
This morning in pre-market, AAPL opened up nearly flat at 115. By 5:06am AAPL peaked at 115.28 on low volume. Since, AAPL has drifted lower to 114.74 at 8:10am on moderate volume. As the open approaches AAPL has been recovering back to 115 and is currently down 34 cents at 114.79.
Classic max-pain is lower than yesterday, now 118. Today is OPEX.
U.S. Fed funds rate 0.14:
Tough week for media companies:
Musical time zones for Korea:
Tesla teases "snake-charger":
Chips are looking up for Nvidia:
Apple Store temporarily shut down for renovations:
Microsoft launches two big Apple Watch apps...
... while IBM pushes for Mac at work:
Huge Android flaw in queue to be fixed:
Dangerous Firefox flaw leaves files exposed:
Pebble launches new steel watch:
Should you bet the farm on ZNGA?
Poor IPO showing for Planet Fitness and the potential effect on SoulCycle:
Is small business ready for a change of cards?
New 3D game lets you live as a virtual mobster:
Hey Albert, it's actually yellow that's relative, depending on time:
Life on Earth 2?
Someone should arrange a date for this robot and that snake thing:
Today's economic calendar:
8:30 Non-farm payrolls
3:00 PM Consumer Credit
Notable earnings after today's close: KRO
And on Monday before the open: CNP, DF, ECPG, EVEP, HPT, KNDI, USEG