Apple Today 09/21/2015 (AAPL)seymour_greenz September 21st 2015 09:30:14 AM
NASDAQ Futures are up 10 with +27 Fair Value, Dow Futures are up 70 on this Monday after the Fed decided that interest rates would remain unchanged in light of concerns over the global economy. Futures have been gaining as we approach the open. Volkswagen (VLKAF) crashed 20% Monday on elaborate emissions scandal. China closed up, European stocks are up and oil is set to open higher. A rogue flurry of automotive-related earnings are slated for tomorrow morning.
AAPL initially had a positive reaction to the Fed announcement and made a strong attempt at 117, up nearly 2 points, immediately following the news on high volume but ended the historic day down nearly 4 points in the 114-area. Seeming like a "delayed reaction", Friday was even harder on the market and especially so on AAPL which lost even more ground, opening down another 2 points, under 112, and clawing back at least some of the loss over the day to close the week at 113.45.
This morning in premarket, AAPL opened up at 113.49 on relatively high volume and took a brief dip to 113.35 within an hour on moderate volume before staging a mini-morning rally, seemingly in lockstep with Futures. AAPL saw a pre-market peak of 114.5 at 7:36am on low volume and has been hovering around 114.3 since with the exception of a large trade of 17,500 shares at 8am. AAPL is currently up 47 cents at 113.92.
Classic max-pain is 113.
Rate hike in December?
Global markets in the green:
Volkswagen emissions numbers... smoke and mirrors:
Optimistic on oil?
Get to learn iOS 9:
Apple Car progressing?
Apple's ad blocking fight:
Apple Watch saves:
Samsung copies Apple's financing program:
Skype having problems:
Skype without a plugin?
Microsoft Band 2 leaked:
AVG updated; will sell your data:
Tree of life:
Search for life on Saturn's moon:
Drug price rises by over 5,000 percent!
Today's Economic Calendar:
10:00 Existing Home Sales
10:00 Atlanta Fed's Business Inflation Expectations
Notable earnings after today's close: RHT, THO
And tomorrow before the open: AZO, KMX, CCL, CAG, CPRT, DRI, FDS, GIS