Apple Today 09/30/2015 (AAPL)
seymour_greenz • September 30th 2015 09:30:15 AM
Good Morning,
NASDAQ Futures are up 51 with +56 Fair Value, Dow Futures are up 181 after quite a rough day yesterday. Asia closed in the green and Europe is currently up. A short-term spending bill is expected to pass today to postpone tonight's "government shutdown" to December 11. Tesla launched its Model X last night and is currently up over 2%. Gold and oil are down a bit heading into the open. Volkswagen (VLKAY) bounced a little, up 3%. Ralph Lauren (RL) is stepping down as CEO. ADP jobs report indicates US added 200k workers in September.
AAPL had a brutal day yesterday, under-performing the market. While initially green and reaching as high as 113.51 in early morning trading, AAPL lost the 113 and "mini-crashed" on mild bot sawtooth volume, reaching a low of 107.86 on extremely high volume within minutes of the close before bouncing slightly to end the intra-day session at 109.06. AAPL traded in a tight range in after-hours, ultimately giving up 16 cents, ending the session at 108.9.
This morning in pre-market, AAPL opened up higher at 110 in conjunction with Futures. AAPL hit a pre-market low of 109.93 at 7:41 on low volume. By 8:21am AAPL peaked at 110.54 on relatively high volume following a 42,200 share institutional trade at 8am. AAPL is currently up 1.14 at 110.2.
Classic max-pain is 112.
China up:
http://www.bloomberg.com/news/articles/2015-09-28/shanghai-composite-set-to-fall-before-industrial-company-profits
Jobs report up:
http://www.bloomberg.com/news/articles/2015-09-30/adp-says-companies-in-u-s-added-200-000-workers-in-september
Apple expands Apple Music and more into China:
http://www.pcworld.com/article/2987781/software/apple-rolls-out-its-music-service-in-china.html
Google's new goodies:
http://www.cnet.com/uk/news/new-nexus-phones-chromecast-2-and-pixel-c-tablet-all-the-new-gadgets-google-just-announced/
New Chromecast:
http://www.cnet.com/news/google-chromecast/
Ride along in a Google self-driving car:
https://www.washingtonpost.com/news/innovations/wp/2015/09/30/what-its-like-to-ride-in-a-google-self-driving-car/
Tesla launches Model X:
http://www.chron.com/cars/article/Tesla-s-first-SUV-the-Model-X-is-finally-6539699.php
Yahoo tax bill coming?
http://fortune.com/2015/09/29/yahoo-alibaba-tax-bill/
Facebook down?
http://venturebeat.com/2015/09/28/facebook-has-now-gone-down-three-times-this-month/
Western Digital gets eastern investment:
http://www.reuters.com/article/2015/09/30/western-digital-investment-unisplendour-idUSL3N1204DZ20150930
Flea in amber holds ancestor to the plague:
http://www.techtimes.com/articles/89737/20150930/flea-frozen-in-amber-for-20-million-years-harbors-possible-bacterial-ancestor-of-the-black-death.htm
Glowing turtle discovered:
http://cnnphilippines.com/lifestyle/2015/09/30/biofluorescent-glowing-Pacific-sea-turtle-National-Geographic.html
Sugary drinks are trouble:
http://www.natureworldreport.com/2015/09/sweetened-drinks-are-not-heart-healthy/
Today's Economic Calendar:
7:00 MBA Mortgage Applications
8:15 ADP Jobs Report
9:45 Chicago PMI
10:30 EIA Petroleum Inventories
2:00 PM Janet Yellen speech
Notable earnings after today's close: ADAT
And tomorrow before the open: MKC