Apple Today - 12/09/2015 (AAPL)
seymour_greenz • December 9th 2015 09:45:29 AM
Good Morning,
NASDAQ Futures are down 16 with -22 Fair Value, Dow Futures are down 23. Futures were up earlier and dropped in early morning and appeared to be recovering, then dropping again as we approach the open.
Asian markets were mostly down with China the exception, closing up 0.07%. Otherwise, Hong Kong dropped 0.46% and Japan ended 0.98% lower. European markets are all currently down again today. The UK is down the least, in the red by 0.09%, Germany is down 0.47% and France is leading the decline, down 0.97%. Commodities are green this morning. Oil is up 0.8% in pre-market, natural gas is up 1.3% and gold is up 0.41%. On the flip side, heating oil is down slightly by 0.27% (as opposed to crude) and the meat & livestock sector is also in the red by over 1%.
A Dow-DuPont merger is progressing, the largest in the chemicals industry.
Rough patch of earnings this mornings, as Costco Wholesale Corporation (COST) is down nearly 3% in pre-market after missing earnings and Lululemon Athletica (LULU) is down over 12% on weak outlook. This afternoon, watch out for men's apparel retailer Men's Wearhouse (MW) to report earnings and tomorrow morning and tomorrow morning, networking manufacturer and provider Ciena Corporation (CIEN) is expected to report earnings.
AAPL had a roller coaster day yesterday and ended near flat, down 0.04%. Opening at 117.5 on moderate volume after some pre-market weakness, AAPL sprang back up to 118 within 10 minutes of the open on high volume before quickly reversing down to the day's low of 116.86 within 30 minutes on moderately low volume. Another surge at 10:30am brought AAPL back to 118 by 10:45am on moderate volume and further up to a peak of 118.60 at 11:06am, again on moderate volume. After the day's high, AAPL sold down to 117.5 by lunchtime on low volume and then reversed in the afternoon, steadily making it's way upward shortly after 2pm to 118 and eventually closing the day out with a hint of green and nearing the intra-day high again, but slipping at the last second to end down 5 cents at 118.23. After-hours was kind to AAPL, gaining a full 26 cents to close the session at 118.49.
This morning in pre-market, AAPL opened up slightly below 118 in conjunction with Futures and made an attempt at 118, hitting a pre-market peak of 118.1 on low volume before dipping down below 117.75 on low volume and remaining in the upper-117 area for the remainder of pre-market with a few fleeting attempts to breach 118 that seem to be rejected, though worsening Futures may be to blame. AAPL is currently down 1.18 at 117.10.
Classic max-pain is 117.
China November inflation is up:
http://www.reuters.com/article/us-china-economy-inflation-idUSKBN0TS17T20151209
Poll indicates chances ECB increases monthly QE spend next year at 40 percent:
http://www.reuters.com/article/us-eurozone-economy-poll-idUSKBN0TS1FC20151209
Lululemon's quarterly profit down 12%:
http://www.reuters.com/article/us-lululemon-results-idUSKBN0TS13Q20151209
Yahoo shelves plan to spin off Alibaba stake:
http://www.reuters.com/article/us-yahoo-divestiture-idUSKBN0TS1CO20151209
Dow-DuPont merger:
http://www.bloomberg.com/news/articles/2015-12-09/dow-chemical-dupont-said-to-be-in-late-stage-merger-talks
VW progress:
http://www.bloomberg.com/news/articles/2015-12-09/vw-shares-rise-on-lower-figure-for-cars-in-carbon-dioxide-probe
What exactly would a hike mean anyway?
http://www.valuewalk.com/2015/12/what-would-a-fed-interest-rate-hike-mean-for-markets/
Apple delays streaming TV service:
http://www.macrumors.com/2015/12/08/cbs-ceo-apple-streaming-service-on-hold/
Apple Watch 2 and 4-inch iPhone 6c to launch March 2016:
http://www.techtimes.com/articles/114550/20151209/apple-watch-2-and-4-inch-iphone-6c-to-launch-in-march-2016-report.htm
Apple Live TV timeline:
http://fortune.com/2015/12/09/apple-live-tv-timeline/
iOS 9.2 update targets Apple Music:
http://www.cnet.com/news/ios-9-2-update-targets-apple-music-improvements-bug-fixes/
Apple Watches on sale at Best Buy:
http://www.engadget.com/2015/12/09/best-buy-apple-watch-discount/
Google's Pixel C review:
http://www.informationweek.com/mobile/mobile-devices/googles-pixel-c-hands-on-review/d/d-id/1323457
Google's super-fast Internet coming to LA?
http://www.latimes.com/business/technology/la-fi-tn-google-fiber-20151207-story.html
Samsung Gear S2 smartwatch:
http://www.zdnet.com/article/hands-on-with-the-samsung-gear-s2-smartwatch-can-this-really-be-my-perfect-smartwatch/
Disney invests $200 million in Vice Media:
http://fortune.com/2015/12/09/disney-vice/
Mozilla kills Firefox OS:
http://www.pcworld.com/article/3013047/mobile/mozilla-nixes-firefox-os-bowing-out-of-mobile-race.html
Bitcoin's "messiah":
http://www.reuters.com/article/australia-bitcoin-stakes-idUSL3N13Y27Q20151209
http://www.wired.com/2015/12/bitcoins-creator-satoshi-nakamoto-is-probably-this-unknown-australian-genius/
Looking for a new job?
http://www.fastcompany.com/3054379/the-future-of-work/this-is-what-the-best-places-to-work-and-the-happiest-companies-have-in-c
Using a period to end an SMS is insincere?
http://www.abc.net.au/news/2015-12-09/full-stops-make-sms-look-insincere/7015556
Priscilla Chan's story:
http://www.dailymail.co.uk/news/article-2147376/Mark-Zuckerberg-wedding-How-Priscilla-Chan-married-billionaire-Facebook-founder.html
Dinosaurs' predecessors may have lived more recently than we thought:
http://www.csmonitor.com/Science/2015/1208/Dinosaurs-early-cousins-may-have-lived-more-recently-than-we-thought
NASA, Google reveal quantum computing leap:
http://www.pcworld.com/article/3013214/hardware/nasa-google-reveal-quantum-computing-leap.html
What a dolphin sees:
http://www.techtimes.com/articles/114482/20151209/amazing-image-shows-how-dolphins-see-a-person-using-echolocation.htm
Superflare possible?
http://news.discovery.com/space/sun-could-unleash-devastating-superflare-151208.htm
More famous video puppets:
http://news.discovery.com/tech/gear-and-gadgets/famous-faces-furned-into-video-puppets-151208.htm
Focusing on a task may make you temporarily deaf:
http://www.techtimes.com/articles/114557/20151209/focusing-on-a-task-may-leave-you-temporarily-deaf-study.htm
US life expectancy holds at 79 while infant death rate drops:
http://www.livescience.com/53021-life-expectancy-high-infant-death-low.html
It's settled:
http://www.huffingtonpost.com/entry/men-women-navigation-study_5665b14ce4b08e945ff01357
Today's Economic Calendar:
7:00 MBA Mortgage Applications
10:00 Wholesale Trade
10:30 EIA Petroleum Inventories
1:00 PM Results of $21B, 10-Year Note Auction
Notable earnings after today's close: ARIS, INTL, LAYN, MNR, *MW*, OLLI, SGU
And tomorrow before the open: *CIEN*, CMN, DLHC, HOFT, IMKTA, LEE, MEI