Apple Today - 11/16/2015 (AAPL)
seymour_greenz • November 16th 2015 09:30:00 AM
Good Morning,
NASDAQ Futures are down 2 with +2 Fair Value, Dow Futures are down 4 on this Monday after the Paris attacks this weekend. Our prayers go to the many innocent victims and their families. Futures were red yesterday, improved to green this morning and have flattened out towards the open.
Asian markets closed mixed today. China gained 0.73%, while Hong Kong and Japan lost 1.72% and 1.04%, respectively. European markets are also currently mixed. UK is up under 0.5%, Germany is just above flat and France is down nearly 0.2%. Commodities are all currently in the green in pre-market. Oil is up nearly 1.5%, natural gas is up 2% and gold is up nearly 1%. Look for earnings from Nuance Communications (NUAN) and Urban Outfitters (URBN) after the bell today and a flurry of retailers including Dick's Sporting Goods (DKS), Home Depot (HD), TJX Companies (TJX) and Wal-Mart Stores (WMT) are scheduled to report tomorrow before the open.
AAPL had a horrible week losing nearly 9 points and over 7%. It started out well enough on Monday with AAPL in the upper 121-area but faltered overnight and saw a sharp 3 point gap down to 117 on high volume on Tuesday morning. AAPL continued to slip but held 116 for most of the rest of the week until Friday where AAPL struggled to hold 116 and broke down yet again losing another 3 points to 113 and wound up closing the intra-day session and week out at 112.34 as AAPL continued sliding into the close. Shortly after the close the attacks occured and AAPL dropped even further, below 111 and as low as 110.5 on relatively high volume, ultimately ending after-hours at 110.9.
This morning in pre-market, AAPL opened up slightly lower than last week's intra-day close and pressed up to 112.59 on low volume before gravitating back towards 112 for most of the morning. AAPL dropped sharply later in pre-market trading hitting a low of 110 on high volume before bouncing back to the 111-area. AAPL is currently down 1.56 to 110.78.
Classic max-pain is 116.
Global stocks appear to hold:
http://www.reuters.com/article/2015/11/16/us-global-markets-idUSKCN0T41AC20151116
Futures recover from weekend:
http://www.reuters.com/article/2015/11/16/us-markets-stocks-idUSKCN0T516220151116
New York factory activity contracts again:
http://abcnews.go.com/Business/wireStory/manufacturing-york-shrinks-fourth-month-35229332
Warren cuts GS stake:
http://www.bloomberg.com/news/articles/2015-11-16/warren-buffett-s-berkshire-reduces-stake-in-goldman-sachs-by-13-
What to do before the rate raise:
http://www.cbsnews.com/news/5-moves-to-make-before-the-fed-raises-rates/
Apple will keep iPad and MacBook separate:
http://appleinsider.com/articles/15/11/16/apple-will-not-converge-ipad-and-macbook-lines-says-tim-cook
New iPhone may arrive sooner:
http://www.cultofmac.com/397704/4-inch-iphone-6c-tipped-for-release-in-mid-2016/
Apple Singapore to run on green energy alone:
http://www.zdnet.com/article/apple-sg-ops-to-run-entirely-on-renewable-energy/
Zune dies:
http://www.heraldrecorder.org/technology/microsoft-has-pulled-the-plug-on-its-failed-music-service-zune-20155555/
A better, faster battery:
http://www.zdnet.com/article/better-battery-life-huawei-says-its-lithium-ion-smartphone-cell-charges-10-times-faster/
Microsoft partners to teach kids how to code:
http://venturebeat.com/2015/11/16/microsoft-and-code-org-launch-minecraft-tutorial-to-teach-kids-how-to-code/
BlackBerry keyboard comeback?
http://www.forbes.com/sites/ewanspence/2015/11/16/blackberry-venice-leak-render/
Black Friday is coming...
http://www.technewstoday.com/27317-save-up-to-230-on-xbox-one-with-best-deals-and-discounts-on-black-friday/
Keep a watch for Leonid meteor shower:
http://www.scienceworldreport.com/articles/33037/20151116/leonid-meteor-shower-2015-lights-up-night-skies-week.htm
Space travel:
http://phys.org/news/2015-11-omics-space.html
Unprecedented face transplant surgery:
http://abcnews.go.com/Health/unprecedented-face-transplant-surgery-firefighter-hope-life/story?id=35218667
US smoking down:
http://www.techtimes.com/articles/107053/20151116/us-smoking-rate-takes-massive-nosedive-bizarre-ways-smokers-kicked-the-habit.htm
Today's Economic Calendar:
8:30 Empire State Mfg Survey
Notable earnings after today's close: *A*, AEMD, ATEA, AUXO, BCYP, CAPC, CDPYF, CERU, DPDW, ESNC, FSAM, INTZ, IPDN, ISH, IWSY, IZEA, KGJI, KOOL, LTTC, LXFR, MARA, MATW, NOAH, NORD, *NUAN*, OXYS, RSSS, *URBN*
And tomorrow before the open: ADHD, AVH, BGMD, CEL, CMCM, *DKS*, ECC, GLAD, *HD*, ITKG, IVFH, JASO, KLIC, MBT, MY, OXLC, SOL, STVI, SYPR, TIPT, *TJX*, ULUR, *WMT*