Apple Today 10/02/2015 OPEX (AAPL)
seymour_greenz • October 2nd 2015 09:29:05 AM
Good Morning,
NASDAQ Futures are up 24 with +31 Fair Value, Dow Futures are up 72 on this 2nd day of the new month of October as fall weather visits us. Asia closed up with healthy gains and Europe is currently up between 1% to 2%. Gold is up 1.8% while oil is down 1%. Micron (MU) reported after the bell yesterday and was up as much as 7% in earlier pre-market. 15 million T-Mobile customer's data, including names, addresses and social security numbers, were compromised in a breach of UK-based credit tracking firm Experian.
AAPL had trouble yesterday, opening at 109.13 and selling off hard, presumably on "chip supplier order concerns buzz". By 11am AAPL was crushed under 108 on high volume and hit a low of 107.31. Afternoon trading brought some needed recovery with AAPL reaching a peak of 109.62 and closing the intra-day session near the high point. After-hours was relatively uneventful with AAPL trading in a tight range and closing within pennies at 109.65.
This morning in pre-market, AAPL opened higher along with Futures, appearing to recover and reached a momentary peak of 110.45 at 6:39am on low volume before stabilizing around 110.25 on moderate volume for a short time. Suddenly at 8:30am AAPL dropped from green gains to severe losses on no apparent news and mini-crashed as low as 107.82 on extremely high "fomented" volume. Unfortunately, AAPL is currently down 1.53 at 108.05.
Classic max-pain is 110.
Weak jobs report?
http://www.nytimes.com/2015/10/03/business/economy/jobs-report-hiring-unemployment-wages-fed-rates.html
Payrolls rise less than expected:
http://www.bloomberg.com/news/articles/2015-10-02/payrolls-rise-less-than-projected-u-s-jobless-rate-steady
T-Mobile data breach:
http://www.pcworld.com/article/2988247/privacy/breach-at-experian-may-have-exposed-data-on-15-million-consumers-linked-to-t-mobile.html
Apple adds former Boeing CEO:
http://appleinsider.com/articles/15/10/01/apple-adds-former-boeing-cfo-james-bell-to-its-board-of-directors
Do you use ad-blockers?
http://www.engadget.com/2015/10/01/apple-iphone-mobile-ad-blocker-nyt/
United Airlines pledges to do better:
http://time.com/money/4058048/united-airlines-ceo-oscar-munoz-change/
Sprint job cuts:
http://www.bidnessetc.com/54074-sprint-corp-announces-job-cuts-alongside-25-billion-cost-reduction/
Amazon bans Apple TV and Chromecast:
http://www.usatoday.com/videos/tech/2015/10/02/73169132/
Skype launches real-time translation!
http://www.techtimes.com/articles/90459/20151002/skype-real-time-translation-baked-in-skype-translator-rolling-out-now-to-all-windows-users.htm
Yelp for people?
http://www.ctvnews.ca/sci-tech/firestorm-of-criticism-sparked-by-people-rating-app-1.2591611
Self-driving taxis in Japan:
http://www.techtimes.com/articles/90764/20151002/self-driving-taxis-will-hit-the-roads-next-year-in-japan-fully-operational-by-2020.htm
IBM nanotube breakthrough:
http://www.extremetech.com/extreme/215417-new-ibm-breakthrough-improves-carbon-nanotube-scaling-below-10nm
How did dinosaurs die off?
http://www.csmonitor.com/Science/2015/1001/That-asteroid-might-have-needed-help-wiping-out-the-dinosaurs
Diet and exercise...
http://www.cnn.com/2015/10/02/health/millennials-diet-exercise/
Today's Economic Calendar:
8:30 Non-farm payrolls
8:30 Fed's Rosengren: Macro Prudential Monetary Policy
8:45 Fed's Harker: "Credit and payment markets"
9:00 Fed's Kocherlakota: Macro Prudential Monetary Policy
10:00 Factory Orders
11:00 Fed's Mester: Macro Prudential Monetary Policy
12:00 PM Stanley Fischer at Boston Fed Conference
1:00 PM Fed's Bullard: U.S. Economy and Monetary Policy
Notable earnings on Monday before the open: WMS