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Apple Today 09/24/2015 (AAPL)

seymour_greenz • September 24th 2015 09:32:17 AM

Good Morning,

Ugh! NASDAQ Futures are down 42 with -39 Fair Value, Dow Futures are down 162. About half as bad as Tuesday. Global concerns and China weigh on the markets. Hong Kong's Hang Seng index shed 1% while the Shanghai composite index in mainland China gained 0.9%. Winterkorn officially resigns from VW. Like a punctuation mark capping a flurry of economic data today, Janet Yellen will speak in Massachusetts at 5pm.

Yesterday, AAPL opened near 113.5 and bounced around 114 for most of the day. Peaking over 114.5 in the last half hour, AAPL closed near the high of the day at 114.32.

This morning in premarket, AAPL opened lower in conjunction with Futures and dropped as low as 112.9 by 7:30 before bouncing slightly. AAPL is currently down 1.27 at 113.05.


Classic max-pain is 113.


Rough start for Thursday:
http://www.bloomberg.com/news/articles/2015-09-23/japan-returns-to-market-gloom-with-oil-sub-45-euro-holds-gains

Today's "stormy" outlook:
http://www.usatoday.com/story/money/markets/2015/09/24/stock-market-downtrend-set-continue-wall-street/72726628/

Winterkorn officially resigns from VW:
http://www.nytimes.com/2015/09/24/business/international/volkswagen-chief-martin-winterkorn-resigns-amid-emissions-scandal.html

Germans concerned about economy:
http://www.nytimes.com/aponline/2015/09/24/world/europe/ap-eu-germany-economy.html

Oil bounces?
http://www.reuters.com/article/2015/09/24/us-markets-oil-idUSKCN0RO05D20150924

iOS and app ownership:
http://www.macworld.com/article/2985186/ios-apps/who-owns-which-apps-youve-installed-in-ios-a-better-answer.html

What's next for iPhone 7?
http://www.fool.com/investing/general/2015/09/24/3-big-improvements-that-apple-inc-will-probably-br.aspx

Tesla Model X launches nect week:
http://www.dispatchtimes.com/tesla-to-officially-launch-model-x-crossover-on-september-29/102220/

Microsoft, Windows 10 and China:
http://www.pcworld.com/article/2985902/windows/microsoft-cuts-deals-in-china-with-government-organizations-and-companies.html

Is this a peek at Facebook VR?
http://www.bidnessetc.com/53383-facebook-inc-adds-innovative-360degree-videos-to-news-feed/

Oculus demo:
http://www.roadtovr.com/oculus-touch-connect-demo-leak-shows-cross-platform-vr-development/

Pebble smartwatch aims for style:
http://www.tomsguide.com/us/pebble-time-round-specs-price,news-21624.html

TechCrunch Disrupt showcases some creative apps:
http://www.macworld.com/article/2985269/ios-apps/the-20-most-fascinating-ios-apps-from-techcrunch-disrupt.html

Watson heads westward:
http://www.forbes.com/sites/roberthof/2015/09/24/ai-supercomputer-watson-goes-west-as-ibm-courts-next-tech-hotshots/

Brains linked?
http://www.seattletimes.com/seattle-news/education/linking-brains-uw-scientists-say-theyve-done-it/

More on QT:
http://www.csmonitor.com/Science/2015/0923/Quantum-teleportation-record-broken-Can-life-imitate-Star-Trek

Brush your scales!
http://www.csmonitor.com/Science/2015/0924/Did-our-tooth-enamel-evolve-from-scales

Who needs a rocket?
https://www.washingtonpost.com/news/innovations/wp/2015/09/24/flying-to-the-edge-of-space-without-an-engine-is-an-idea-so-crazy-it-might-just-work/

Depression could be sleep apnea:
http://www.universityherald.com/articles/23968/20150924/depression-could-perhaps-be-sleep-apnea-says-study.htm

Fidgeting is healthy!
http://www.forbes.com/sites/alicegwalton/2015/09/23/can-fidgeting-offset-the-ill-effects-of-sitting-new-study-says-so/

Technology helps paraplegic man walk:
http://abcnews.go.com/Health/watch-technology-helps-paraplegic-man-walk/story?id=33992156


Today's Economic Calendar:
8:30 Durable Goods
8:30 Chicago Fed National Activity Index
8:30 Initial Jobless Claims
9:45 Bloomberg Consumer Comfort Index
10:00 New Home Sales
10:30 EIA Natural Gas Inventory
11:00 Kansas City Fed Mfg Survey
1:00 PM Results of $29B, 7-Year Note Auction
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
5:00 PM Janet Yellen speech

Notable earnings after today's close: AIR, BBBY, CTAS, JBL, NKE, PIR
And tomorrow before the open: FINL

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