Apple Today - 09/01/2015 (AAPL)
seymour_greenz • September 1st 2015 09:22:40 AM
Good Morning,
Yikes, September starts off on a sour note! NASDAQ Futures are down 120 with -121 Fair Value, Dow Futures are down 438 on supposed "China" PMI report concerns", although curiously Futures are down far more than China closed, percentwise. UK stocks are down 2%. Oil stumbles again. After reporting a loss, DLTR looks like it will open down over 2 points.
Yesterday, AAPL opened around 112, a point lower than Friday's close, and continuously built up to 114 before reaching a peak at 114.45 at 12:28pm on moderate volume. After that AAPL slipped down back to 112.36 at 2:56pm on moderate volume before bouncing up to 113 and closing the intra-day session at 112.76. AAPL continued to slip in after-hours on relatively high volume and ended the session at 112.25, near the intra-day low.
This morning in pre-market, AAPL opened up just below 110, at 109.98, and then dropped to a low of 109.6 shortly after at 4:42am on relatively high volume. Over the next few hours AAPL recovered some ground reaching 110.63 by 7:18am on very high volume before heading back down towards 110 on even higher volume. AAPL is currently down a whopping 3.01 at 109.75.
Classic max-pain is 112.
China "concerns":
http://www.reuters.com/article/2015/09/01/us-markets-global-idUSKCN0R12AH20150901
UK stocks down:
http://www.bloomberg.com/news/articles/2015-09-01/u-k-stocks-fall-as-investors-weigh-data-showing-china-slowdown
IMF Lagarde "sees" weak growth ahead:
http://in.reuters.com/article/2015/09/01/imf-economy-idINJ9N0ZG00U20150901
Oil poll:
http://www.reuters.com/article/2015/09/01/us-oil-prices-poll-idUSKCN0R13D620150901
Buffet and Phillips 66:
http://www.forbes.com/sites/michaellynch/2015/09/01/buffett-buys-into-phillips-66-a-bricks-and-mortar-investment/
Is Apple the next Netflix?
http://www.zdnet.com/article/apple-looks-to-netflix-model-with-original-tv-films-for-rumoured-streaming-service/
Apple TV in focus:
http://www.technewstoday.com/25900-apple-tv-report-bluetooth-game-controllers-wireless-support-appstore-and-si/
Apple and Cisco team up:
http://www.informationweek.com/mobile/mobile-business/apple-cisco-team-on-ios-for-businesses/d/d-id/1321994
KeyRaider infects Chinese iPhones:
http://www.bbc.com/news/technology-34114487
More on Google cars:
http://www.washingtonpost.com/news/innovations/wp/2015/08/31/google-broadens-its-self-driving-car-tests-in-austin/
Fiat Chrysler continues hot streak:
http://www.bloomberg.com/news/articles/2015-09-01/fiat-chrysler-s-august-sales-rise-extending-streak-to-65-months
Amazon revising Prime shipping:
http://money.cnn.com/2015/09/01/technology/amazon-prime-ship-by-region/
LinkedIn revises messaging:
http://www.reuters.com/article/2015/09/01/lnkin-corp-messaging-idUSL4N11743R20150901
Samsung smartwatch can make calls without a phone?
http://www.wired.com/2015/08/samsungs-round-smartwatch-official-makes-calls/
Seagate launches 8-terabyte drives:
http://venturebeat.com/2015/09/01/seagate-launches-8tb-enterprise-hard-drives/
Marissa is expecting twins:
http://www.bbc.com/news/business-34115583
Ah, the sweet peak of science and technology:
http://www.telegraph.co.uk/news/science/11834053/Ice-cream-that-does-not-melt-could-soon-hit-the-shelves.html
2,000 year old stair-shaped podium discovered:
http://news.discovery.com/history/archaeology/mysterious-2000-year-old-podium-found-in-jerusalem-150901.htm
Powerful camera on a mission:
http://www.forbes.com/sites/paulmonckton/2015/08/31/worlds-most-powerful-camera/
Another reason to get your beauty sleep:
http://www.bbc.com/news/health-34115113
Artificial joints pose risk:
http://www.newsquench.com/2015/09/artificial-joint-replacements-increase-heart-attack-risk/
Advancements in understanding Parkinson's:
http://www.psychiatryadvisor.com/neurocognitive-disorders/parkinsons-brain-cells-dopamine-neurocognitive/article/435639/
Today's Economic Calendar:
Auto sales
8:30 Gallup US ECI
8:55 Redbook Chain Store Sales
9:45 PMI Manufacturing Index
10:00 ISM Manufacturing Index
10:00 Construction Spending
1:10 PM Fed's Rosengren: Economic Outlook
Notable earnings after today's close: AMBA, HRB, SCVL
And tomorrow before the open: NAV