Apple Today - 09/03/2015 (AAPL)
seymour_greenz • September 3rd 2015 09:30:40 AM
Good Morning,
3rd day's a charm? NASDAQ Futures are up 10 with +15 Fair Value, Dow Futures are up 77. With Chinese markets closed for a 4-day holiday, it appears optimism is creeping in but will green be the trend? Get ready for an action-packed day of economic data, including the ECB. Jobless claims rise, labor market strong. Oil ticking up slightly. OOMA reported last night, beating expectations by 41 cents and is currently up nearly 12%.
AAPL saw a relatively strong day yesterday, gaining nearly 5 points, or 4.29%, recovering not all but most of Tuesday's precipitous drop. Opening up a couple points higher on relatively high and really not looking back, AAPL hovered around 110 in the morning on moderate volume and ran up towards the end of the day, picking up the pace into the close on relatively high volume and closing the intra-day session on a high note at 112.34. AAPL continued rising in after-hours, adding another 26 cents to 112.6.
This morning in pre-market, AAPL opened up higher at 4:02am at 113.01 on low volume, reaching a peak of 113.48 at 5:22am on relatively high volume. Since, AAPL drifted back towards mid-112 hitting a low of 112.55 at 8:28am on extremely high volume before quickly bouncing back to 113.1 at 8:36am on more high volume. AAPL is currently down 16 cents at 112.18.
Classic max-pain is 111.
China closed, expected volatility influence reduced:
http://in.reuters.com/article/2015/09/03/markets-emerging-idINL5N1190XH20150903
Recovery rally yesterday:
http://www.usatoday.com/story/money/markets/2015/09/02/stocks-wednesday-wall-street-dow-nasdaq/71567300/
US jobless claims rise but underlying strength:
http://www.reuters.com/article/2015/09/03/us-usa-economy-idUSKCN0R31BK20150903
ECB expected to cut inflation forecast, defer action:
http://www.reuters.com/article/2015/09/03/us-ecb-policy-idUSKCN0R30O120150903
Will Fed raise rates in September?
http://www.bloomberg.com/news/articles/2015-09-02/september-or-not-market-says-fed-s-one-and-done-until-late-2016
Medtronic tops expectations:
http://www.reuters.com/article/2015/09/03/medtronic-results-idUSL4N1193AY20150903
AOL acquires Millennial Media for $238M to expand advertising:
http://techcrunch.com/2015/09/03/aol-acquires-millennial-media/
Are you buying soup in summer? Is anyone surprised?
http://in.reuters.com/article/2015/09/03/campbell-soup-results-idINL4N11938M20150903
Apple TV features emerging:
http://www.buzzfeed.com/johnpaczkowski/new-apple-tv-will-feature-universal-search-start-at-149#.gnM9zpDXK
Next iPhone features:
https://www.washingtonpost.com/news/the-switch/wp/2015/09/02/heres-what-we-expect-from-apples-next-iphone/
The next hot sector, cyber-security:
http://fortune.com/2015/09/03/the-word-for-2015-cybersecurity/
Father and son find success in startup:
http://www.forbes.com/sites/briansolomon/2015/09/02/father-and-son-become-billionaires-with-tanium-the-worlds-hottest-cybersecurity-startup/
Samsung gets in the sleep business:
http://www.irishtimes.com/business/technology/samsung-device-aims-to-help-you-sleep-1.2338976
Also launches first 4k Blu-ray:
http://www.cnet.com/au/news/samsung-debuts-worlds-first-ultra-high-definition-blu-ray-player/
Careful of your baby-cam:
http://www.bbc.com/news/technology-34138480
Shady Xbox One promotion busted:
http://metro.co.uk/2015/09/03/youtuber-paid-20000-to-promote-xbox-one-5374226/
T-Mobile CEO John Legere is awesome:
http://money.cnn.com/2015/09/02/technology/tmobile-verizon-logo/
35k for Tesla Model 3?
http://www.csmonitor.com/Business/In-Gear/2015/0903/Tesla-Model-3-will-cost-35-000-pre-orders-start-next-March
Marty McFly in space?
http://www.theverge.com/2015/9/2/9242551/hendos-hoverboard-technology-nasa-control-satellites
Onze eerste man in de ruimte:
http://www.euronews.com/2015/09/03/making-history-denmark-s-first-man-in-space/
Male seahorses:
http://www.zmescience.com/science/biology/male-seahorse-pregnant-0432423/
CVS ban reduced smoking:
http://www.reuters.com/article/2015/09/03/us-cvs-tobacco-idUSKCN0R31A420150903
Today's Economic Calendar:
Chain Store Sales
7:30 Challenger Job-Cut Report
8:30 Gallup US Payroll to Population
8:30 Initial Jobless Claims
8:30 International Trade
9:45 PMI Services Index
9:45 Bloomberg Consumer Comfort Index
10:00 ISM Non-Manufacturing Index
10:30 EIA Natural Gas Inventory
4:30 Money Supply
4:30 Fed Balance Sheet
Notable earnings after today's close: BLOX, ENVI, LPTH, PAY
There are no notable earnings tomorrow before the open.