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Apple Today 09/16/2015 (AAPL)

seymour_greenz • September 16th 2015 09:30:55 AM

Good Morning,

NASDAQ Futures are down 1 with +3 Fair Value, Dow Futures are down 4 as the Fed meeting begins, although a decision isn't expected until Thursday. China broke its 2-day losing streak and gained 4.9% in the "final hour", hint: intervention. Oil gains for 2nd day. The Consumer Price Index reported a decrease of 0.1%.

AAPL had another good day yesterday, aside from a "scary" early morning spike down to 114.42 on moderate volume. It reversed almost immediately and AAPL worked its way back up over 116 within an hour on good volume, reaching a peak of 116.53 at 3:27pm on moderate volume. AAPL ended the intra-day session at 116.28 and ended up another dime in after-hours at 116.38 after low volume trading in a tight range.

This morning in pre-market, AAPL opened at 4am right where it closed in after-hours and then reached a high of 116.5 at 8:04am on relatively high volume. Since, AAPL has sold off slightly on very low volume, reaching a low of 116.1. AAPL is currently up 1 cent at 116.29.

Classic max-pain is 115.

Consumer prices drop in August:
http://www.bloomberg.com/news/articles/2015-09-16/consumer-prices-in-u-s-drop-in-august-on-plunging-energy-costs

Global stocks up before Fed:
http://www.reuters.com/article/2015/09/16/us-markets-global-idUSKCN0RG02020150916

China pops in last hour:
http://www.bloomberg.com/news/articles/2015-09-16/chinese-stocks-rise-most-in-a-week-in-hong-kong-as-banks-rally

Oil up for 2nd day:
http://www.bloomberg.com/news/articles/2015-09-15/oil-advances-a-second-day-amid-signs-u-s-crude-supplies-falling

FedEx delivers but dollar weighs:
http://www.reuters.com/article/2015/09/16/fedex-results-idUSL1N11M0LV20150916

HP plans 30k+ job cuts:
http://in.reuters.com/article/2015/09/16/hp-redundancies-idINKCN0RG0AO20150916

Apple iPad keyboard:
http://www.macworld.com/article/2984018/input-keyboards/apples-first-ipad-keyboard-and-the-power-of-the-portrait-display.html

Facebook dislike button?
http://www.forbes.com/sites/tonybradley/2015/09/16/why-i-dislike-the-idea-of-a-dislike-button-on-facebook/

Is Twitter spying on you?
http://mashable.com/2015/09/15/twitter-direct-messages-lawsuit/

Enceladus may have an ocean with life:
http://www.telegraph.co.uk/news/science/science-news/11868500/Could-alien-life-exist-in-huge-ocean-beneath-Saturns-moon-Enceladus.html

Get your vitamin D:
http://www.natureworldreport.com/2015/09/watch-vitamin-d-deficiency-could-lead-to-mental-decline-says-study/


Today's Economic Calendar:
7:00 MBA Mortgage Applications
8:30 Consumer Price Index
10:00 NAHB Housing Market Index
10:30 EIA Petroleum Inventories
4:00 PM Treasury International Capital

Notable earnings after today's close: ALOG, APOG, ARCW, CLC, MLHR, ORCL, LAKE, SANW
And tomorrow before the open: MCS, RAD

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