Now taking membership applications! Login or Register with Invitation Code

Apple Today - 08/28/2015 OPEX (AAPL)

seymour_greenz • August 28th 2015 09:29:34 AM

Good Morning,

NASDAQ Futures are down 29 with -24 Fair Value, Dow Futures are down 123. Futures have been drifting lower this morning into the close of this volatile week. China closed up today, yet is down over 10% for the week. Autodesk (ADSK) misses expectations and is down 4%, on the other hand Big Lots (BIG) impressed and is up nearly 10%. US consumer spending report indicates July rose by 0.3%. The Fed's annual economic policy conference in Jackson Hole kicks off today.

Yesterday, AAPL opened up considerably higher, starting over 112 before selling down to 110.65 on relatively high volume at 10:08am. AAPL bounced back over 112 and then up as high as 113.2 at 12:54am on moderately high volume as the September 9 event was officially announced. Suddenly, AAPL dropped sharply by nearly 3 points within an hour to 110.18 at 3:06pm on relatively high volume before bouncing right back up to 113 in half that time to close the intra-day out at 112.92, up just over 3%. After-hours topped AAPL off closer to 113, ending at 112.98.

This morning in pre-market, AAPL opened up lower at 4:02am at 112.5 on relatively high volume, dipped to 112.2 on low volume at 5:18 and took another attempt at 113, reaching 112.93 on relatively high volume at 6:02am. Since, AAPL has drifted lower along with Futures and has been hovering around the 112 with slight brief drops below and small periodic moves above that line. AAPL is currently down 87 cents at 112.05.

Classic max-pain is 110.

Big Lots up big after impressing:

Autodesk PT lowered after report:

Uber closes $1b round:

Apple makes September 9 event official, teases Siri:

Apple Watch makes up 20% of wearables, aims for Fitbit:

What did Amazon do wrong with Fire?

Facebook crosses 1 billion users in a day:

Instagram gets rectangular:

Nokia enters joint venture:

Discover VR:

Rival Apple suppliers compete for chip packer:

Fake GS remains quiet:

Paying out to the tuna of $50:

AAA predicts busy Labor Day travel:

Drone discovers a man sunning up 200ft on top of a wind turbine:

The trouble with studies:

Buzz is seeing red:

Amy, is that you?

This sounds bad:

Today's Economic Calendar:
Jackson Hole Symposium
8:30 Personal Income and Outlays
10:00 Reuters/UofM Consumer Sentiment

Notable earnings on Monday after the close: SBLK

Go Back