Apple Today - 11/17/2015 (AAPL)
seymour_greenz • November 17th 2015 09:29:04 AM
Good Morning,
NASDAQ Futures are up 14 with +10 Fair Value, Dow Futures are up 60 on an upbeat reports from Walmart, Home Depot and TJX.
Asian markets closed mostly green today. China was the exception closing down just 0.06% from even. Hong Kong and Japan has strong closes up 1.15% and 1.22%, respectively. European markets are all currently up sharply. Both UK and Germany are up nearly 1.75%, while France is up around 2.2%. Commodities are currently down in pre-market. Oil is down just over 1%, natural gas is down over 3.5% and gold is down 0.2%. After reporting earnings, Home Depot (HD) is up over 3%, TJX Companies (TJX) is up over 5.5% and Wal-Mart Stores (WMT) is up nearly 2.5%. This afternoon after the bell earnings from Jack In The Box (JACK) and La-Z-Boy (LZB) are expected, and in what seems like a mirror image of this morning's earnings, tomorrow Lowe's (LOW), Staples (SPLS) and Target (TGT) are scheduled to report tomorrow before the open.
AAPL had a much needed "recovery" day yesterday, ending up 1.63% after a brutal week and painful weekend. AAPL started out quite "rocky" in pre-market, breaking down under 111 and threatening 110. However, AAPL went up into the open and continued strong on high volume, turning green within 10 minutes. After reaching the mid-113 area around 10:30am on moderate volume, AAPL took a break and dipped back towards mid-112 just before lunchtime before continuing to climb steadily for the rest of the day on moderate volume, seeming to hit some resistance in the over 114-area. AAPL closed the intra-day session up 1.84 at 114.18. After-hours was quiet with AAPL losing 13 cents to 114.05.
This morning in pre-market, AAPL opened up near yesterday's after-hours close and quickly gravitated to the mid-114 area.on low volume. By mid-morning, AAPL slowly and orderly rose into the upper-114 area with an eye on 115 and by 7:30am, AAPL peaked at 115 on relatively high volume before returning back to the upper-114 area again. AAPL is currently up 55 cents to 114.73.
Classic max-pain is 115.
Futures green on retail results:
http://www.reuters.com/article/2015/11/17/us-markets-stocks-idUSKCN0T61E720151117
Rising consumer prices support hike?
http://www.reuters.com/article/2015/11/17/us-usa-economy-idUSKCN0T61LK20151117
Wal-Mart tops 3Q forecasts:
http://www.nytimes.com/aponline/2015/11/17/us/ap-us-earns-wal-mart-stores.html
Home Depot beats:
http://www.reuters.com/article/2015/11/17/us-home-depot-results-idUSKCN0T617M20151117
Uncle Carl swaps eBay for PayPal:
http://www.zdnet.com/article/icahn-jumps-ebay-ship-swaps-shares-in-favor-of-paypal/
Angie turns down IAC offer:
http://techcrunch.com/2015/11/17/angies-list-rejects-iacs-500m-offer-to-buy-it/
Apple Pay launches in Canada and Australia:
http://www.macrumors.com/2015/11/17/apple-pay-launches-canada-american-express/
Microsoft cleans up:
http://www.nytimes.com/2015/11/18/technology/microsoft-once-infested-with-security-flaws-does-an-about-face.html
Google Glass team tries again:
http://www.valuewalk.com/2015/11/googles-glass-division-new-wearable/
Nvidia's Shield tablet returns at $199:
http://www.cnet.com/uk/news/nvidias-shield-tablet-returns-with-a-lower-199-price-tag/
Walmart's $10 Android smartphone:
http://www.zdnet.com/article/yes-walmart-is-selling-a-10-smartphone-but-with-a-catch/
China supercomputer growth is overtaking US:
http://www.zdnet.com/article/linux-and-china-rule-supercomputers/
Keep a watch for the meteors:
http://www.space.com/31134-leonid-meteor-shower-outlook.html
Distant galaxy:
http://thespacereporter.com/2015/11/astronomers-detect-the-pulse-of-a-distant-galaxy/
Of long life and Social Security:
http://www.nytimes.com/2015/11/17/upshot/were-living-longer-thats-great-except-for-social-security.html
Antibiotics. Good or bad?
http://www.huffingtonpost.com/the-conversation-africa/seven-hard-facts-about-an_b_8580356.html
Today's Economic Calendar:
8:30 Consumer Price Index
8:55 Redbook Chain Store Sales
9:15 Industrial Production
10:00 NAHB Housing Market Index
10:00 E-Commerce Retail Sales
4:00 PM Treasury International Capital
Notable earnings after today's close: AMCN, EC, *JACK*, *LZB*, MBII, MDSY, MTSI, PBIO, SBLK, STV, VIPS
And tomorrow before the open: *ARMK*, DQ, EHIC, EJ, EVGN, GILT, ITRN, LBLCF, LEJU, *LOW*, MICT, SFUN, *SPLS*, *TGT*