Apple Today - 10/23/2015 OPEX (AAPL)
seymour_greenz • October 23rd 2015 09:26:51 AM
Good Morning,
NASDAQ Futures are up 67 with +127 Fair Value (I've never seen such a positive difference in Fair Value before), Dow Futures are up 165 on the earnings trifecta of Google-Amazon-Microsoft on this OPEX. Asian markets closed up sharply on Friday, due in part to China cutting key interest rates again. China closed up 1.30%, Hong Kong was up 1.34% and Japan gained 2.11%. European markets are also currently up with Germany in the lead at near 3%, France not far behind at over 2.5% and the UK just under 1.5%. Oil is up over half a percent in pre-market, natural gas is down twice as much. Gold is up approximately 1%. Alphabet (GOOGL) reported strong earnings results yesterday afternoon due in part to mobile and YouTube and is up over 10% in pre-market. Amazon (AMZN) also impressed yesterday and is up nearly 10% in early trading. Microsoft (MSFT) completes the trifecta and is also up nearly 10% as we head into this OPEX open.
It was a "big green Apple" yesterday, with AAPL gaining over 1.5% to end the day at the absolute high of 115.5. Yesterday's pre-market showed promise with AAPL opening up higher and as we began the day the 115 from Wednesday was quickly reclaimed on moderate volume. A brief late morning dip took AAPL as low as 114.1 on high volume at 11:38am before recovering to 115 by early afternoon. Another mid-afternoon dip took AAPL towards 114.5 before a strong push towards the end of the day over 115 and an even stronger 115.5 close. When earnings starting rolling in in after-hours, it didn't take long for AAPL to claim 116 on high volume, and then drift even further up to end the after-hours session up $1 at 116.5.
This morning in pre-market, AAPL opened at 116 and inched up to 116.17 four minutes later on relatively high volume. AAPL hovered in the low 116 area until 7:16am when it suddenly launched up (in with Futures), hitting a peak of 117.29 by 7:30am on extremely high volume. Since, AAPL has been trying to hold on to the 117 area. AAPL is currently up 1.38 cents at 116.85.
Classic max-pain is 113. Today is OPEX.
Futures up on strong tech reports:
http://www.reuters.com/article/2015/10/23/us-markets-stocks-idUSKCN0SH16U20151023
China cuts rates again:
http://www.reuters.com/article/2015/10/23/us-china-economy-policy-idUSKCN0SH18W20151023
Amazon's earnings:
http://www.bloomberg.com/news/articles/2015-10-23/wall-street-analysts-are-going-gaga-over-amazon-s-blockbuster-earnings-report
US existing home sales rise:
http://in.reuters.com/article/2015/10/23/us-usa-economy-housing-idINKCN0SG1S020151023
Apple Watch coming to India:
http://timesofindia.indiatimes.com/tech/tech-news/Apple-Watch-launching-in-India-on-November-6/articleshow/49504845.cms
Going for a run? Now you can leave your iPhone:
http://techcrunch.com/2015/10/22/runkeepers-new-apple-watch-app-lets-you-ditch-your-iphone-when-tracking-your-runs/
Google on AI:
http://www.pcworld.com/article/2996620/business/google-reports-strong-profit-says-its-rethinking-everything-around-machine-learning.html
Facebook aims for Google?
http://www.livemint.com/Consumer/zqTl7HNlXvMm45EzcRQ3GP/Facebook-tweaks-search-to-shine-light-on-hot-topics.html
Where are all the Windows Phone apps?
http://www.theverge.com/2015/10/23/9602350/microsoft-windows-phone-app-removal-windows-store
Microsoft Lumia's future:
http://www.pcworld.com/article/2996755/windows/microsoft-earnings-show-plunging-phone-revenue-and-uncertain-future-for-lumias.html
HTC accuses Apple:
http://www.cnet.com/au/news/htc-accuses-apple-of-copying/
Mars tech showcased at NASA Innovation Expo:
http://www.space.com/30905-nasa-innovation-expo-space-exploration.html
Crocodiles sleep with one eye open:
http://www.techtimes.com/articles/98613/20151023/crocodiles-sleep-with-one-eye-open-to-watch-for-prey-and-threats.htm
What happens when a black hole crosses a star?
http://www.huffingtonpost.com/entry/black-hole-swallows-star_5629ba18e4b0ec0a3893fd69
Meet RoboBee:
http://www.techtimes.com/articles/98763/20151023/robobee-bot-that-can-fly-and-swim-could-soon-get-laser-powered-vision.htm
Mediterranean diet may be good for your aging brain:
http://www.globalpost.com/article/6672998/2015/10/21/mediterranean-diet-linked-healthier-aging-brain
This woman can smell Parkinson’s disease:
http://www.washingtonpost.com/news/morning-mix/wp/2015/10/23/scottish-woman-detects-a-musky-smell-that-could-radically-improve-how-parkinsons-disease-is-diagnosed/
Today's Economic Calendar:
9:45 PMI Manufacturing Index Flash
Notable earnings on Monday before the open: AIQUF, AIQUY, BOH, BP, CHKP, CPXWF, CYOU, FBP, JAKK, ONB, OPB, SNBC