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Apple Today - 08/10/2015 (AAPL)

seymour_greenz • August 10th 2015 09:25:56 AM

Good Morning,

NASDAQ Futures are up 29 with +33 Fair Value, Dow Futures are up 122. Earnings season is beginning to wind down, Shake Shack (SHAK) and Rackspace (RAX) report after the bell today. Warren is planning to spend 37.2 billion for Precision Castparts, his biggest deal yet.

AAPL had a brutally rough week last week, dropping from 122 to 115 with some deep valleys in-between on "concerns" of China growth.

This morning in pre-market, AAPL opened up near 116 and quickly broke through, heading towards 117 without looking back. There is much buzz building of an Apple event in September and a new report has surfaced that Apple broke the App Store record with staggering sales figures of over 1.7 billion dollars in July alone. AAPL took a brief technical pause at 7:06am, momentarily dipping back to 116.06 on 1.41k shares and then resumed upwards. The trend in pre-market is up on moderate to high volume with a momentary peak at 116.78 at 8:40am on nearly 16k shares. AAPL is currently up 1.23 at 116.75.

Warren casts a big chip in:
http://www.pressexaminer.com/warren-buffett-reportedly-close-on-latest-big-buy/29312

Futures looking up:
http://www.reuters.com/article/2015/08/10/us-markets-stocks-idUSKCN0QF16M20150810

Mystery of flight MH370 may be closer to being solved:
http://www.bbc.com/news/world-asia-33846493

Apple breaks App Store record in July:
http://www.inquisitr.com/2322837/apple-inc-just-broke-records-with-app-store-sales-of-1-7-billion-in-july/

Apple September event in focus:
http://www.bidnessetc.com/49753-what-to-expect-from-apple-inc-september-event/

Apple Watch destroyed U.S. watch sales:
http://www.bizjournals.com/orlando/morning_call/2015/08/u-s-watch-sales-plummeted-following-apple-watchs.html

Is India the next China?
http://in.reuters.com/article/2015/08/10/xiaomi-india-foxconn-idINL3N10L2WW20150810

This and $50 will get you a smartphone:
http://fortune.com/2015/08/10/google-android-one-india/

Cortana, she's taking over the place:
http://www.theverge.com/2015/8/9/9123161/microsoft-cortana-android-google-now-home-button

Are you a LOL or haha kind of person?
http://www.wired.com/2015/08/facebook-knows-laugh/

Watch this stunning Earth-moon GIF:
http://www.wired.com/2015/08/satellite-took-incredible-photo-almost-didnt-leave-earth/

Can I have the big salad, George?
http://www.cnn.com/2015/08/10/us/space-station-lettuce/


Today's economic calendar:
10:00 Labor market condition index
12:30 PM TD Ameritrade IMX

Notable earnings after today's close: ANTH, CLDX, HTZ, IMN, IFF, RAX, SHAK, SF, TTWO, VTNR

And tomorrow before the open: ALDX, HMTV, JASO, RRGB, RNF, SOHO, TPUB, ZBRA

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