Apple Today - 12/17/2015 (AAPL)
seymour_greenz • December 17th 2015 09:58:05 AM
Good Morning,
NASDAQ Futures are up 17 with +17 Fair Value, Dow Futures are up 37 on this day after the rate raise became "official", after a protracted topsy-turvy journey. There is much economic data on today's calendar today as well.
Asian markets closed up strong again. China took the lead, gaining 1.81%. Japan wasn't far behind, closing up 1.59% and Hong Kong ended up 0.79%. European markets are up significantly again today. Germany is currently up 3.04%, France is up 2.2% and the UK is up 1.27%.
Commodities are mostly down this morning. Oil and gold are currently down nearly 1%. Natural gas, on the other hand, is up 2.79%. Metals, meat and livestock, cocoa and agriculture crops (corn, wheat, soy) are down and unleaded gas and coffee are up.
It's another busy economic day with, among other data points rolling in, applications for US jobless benefits falling more than expected.
Enterprise software titan Oracle Corporation (ORCL) is currently down 1% after an initial rally yesterday afternoon after reporting earnings with a lowered outlook. Electronics manufacturer Jabil Circuit (JBL) is currently up 2% in pre-market after reporting an increase in revenue. Home furnishing retailer Pier 1 Imports (PIR) is down nearly 14% after reporting lower earnings yesterday afternoon. Consulting firm Accenture plc (ACN) missed estimates this morning and is currently down 1.5%. Consumer food manufacturer General Mills (GIS) is also currently down over 2.5% after a negative reaction to earnings this morning. Children's books publisher and distributor Scholastic Corporation (SCHL) dropped over 3% on a Q2 EPS miss and revised outlook. Recreation vehicle manufacturer Winnebago Industries (WGO) is also down 6.5% on an earnings miss. On the other hand, Navistar International (NAV) is looking up 6% on light volume.
This afternoon look for earnings from open-source os software company Red Hat, Inc. (RHT). Tomorrow morning, mobile communications and services company BlackBerry (BBRY), cruise vacation company Carnival Corporation (CCL), restaurant company Darden Restaurants (DRI) and used vehicles and services company CarMax Group (KMX) are scheduled to report.
AAPL bounced yesterday, ending up 0.77% after breaking 109. AAPL opened at 111.09, made a dash towards 112 on high volume, then proceeded to sell off steadily on moderate volume all morning before the Fed announcement, hitting a bottom of 108.80 at 12:02pm on high volume before refusing to concede 109 and reversing course at 1pm. Into the announcement, AAPL was 110 and barely wobbled at 2pm before lifting off to 111.11 by 3pm on relatively high volume. AAPL continued drifting up and closed the intra-day session at 111.34. After-hours traded in a narrow range and shed 7 cents to 111.27.
This morning in pre-market, AAPL opened up higher in conjunction with Futures and reclaimed 112 by 6:42am on high volume and has remained in the low to mid-112 area, reaching a peak of 112.45 at 8:50am on high volume before settling slightly. AAPL is currently up 93 cents at 112.27 even.
Classic max-pain is 115.
Stocks rise in wake of Fed rate hike:
http://www.usatoday.com/story/money/markets/2015/12/17/stocks-still-rising-wake-fed-rate-hike/77470616/
Applications for US jobless benefits fall more than expected:
http://www.bloomberg.com/news/articles/2015-12-17/applications-for-u-s-jobless-benefits-fall-more-than-forecast
What Fed hike means for homebuyers, owners, and mortgage refinancers:
http://www.csmonitor.com/Business/Saving-Money/2015/1217/Fed-hikes-interest-rates-what-it-means-for-homebuyers-owners-and-mortgage-refinancers
CEO Shkreli known for drug price gouging, arrested for securities fraud:
http://www.bloomberg.com/features/2015-martin-shkreli-securities-fraud/
General Mills cuts full-year sales forecast:
http://www.reuters.com/article/us-general-mills-results-idUSKBN0U01LG20151217
Winnebago Industries Inc. bottom line falls:
http://www.nasdaq.com/article/winnebago-industries-inc-bottom-line-falls-13-in-q1-20151217-00241
AstraZeneca buys most of Acerta for $4 billion to add cancer drug:
http://www.reuters.com/article/us-acerta-m-a-astrazeneca-idUSKBN0U00QM20151217
Apple really wants developers to incorporate the iPhone's newest feature into apps:
http://www.businessinsider.com/apple-wants-developers-to-adopt-3d-touch-2015-12?r=UK&IR=T
Google to spin-off self-driving car project:
http://www.zdnet.com/article/google-plans-to-transform-self-driving-car-project-into-alphabet-company/
Facebook claims "platform of the future":
http://www.forbes.com/sites/ewanspence/2015/12/17/facebook-messenger-platform-ambitions/
Microsoft aims to supply Chinese government with customized Windows 10:
http://www.theverge.com/2015/12/17/10362638/microsoft-windows-10-custom-china-government
Tesla sticking with Mobileye?
http://fortune.com/2015/12/17/tesla-mobileye/
WhatsApp briefly suspended in Brazil:
http://time.com/4153152/whatsapp-suspended-brazil/
Moto 360 Sport fitness smartwatch review:
http://www.zdnet.com/article/first-impressions-of-the-moto-360-sport-fitness-focused-android-wear-smartwatch/
Philips reverses on blocking 3rd-party bulbs:
http://www.pcmag.com/article2/0,2817,2496735,00.asp
Developers, meet HoloLens:
http://www.cnet.com/uk/news/developers-meet-your-hololens-a-tour-of-microsofts-just-opened-developer-showcase-in-new-york-city/
Food and travel startup raises 40 million:
http://variety.com/2015/digital/news/food-and-travel-video-startup-tastemade-raises-40-million-from-goldman-sachs-others-1201663754/
Beware these bursting bottles:
https://www.washingtonpost.com/news/to-your-health/wp/2015/12/16/beware-these-bursting-bottles-of-ginger-ale-from-trader-joes/
Earth's lakes are heating up:
http://www.csmonitor.com/Environment/2015/1217/Earth-s-lakes-are-heating-up.-Fast.-Here-s-why-that-matters
New sail-backed dinosaur discovered:
http://news.discovery.com/animals/dinosaurs/new-dinosaur-had-a-sail-on-its-back-151216.htm
See headbanging bees!
http://www.sci-news.com/biology/australian-blue-banded-bees-headbanging-flowers-03518.html
World's tiniest color picture printed with nano 3D printer:
http://news.discovery.com/tech/gear-and-gadgets/worlds-tiniest-color-picture-printed-151216.htm
NASA's getting some spending money:
http://www.theatlantic.com/science/archive/2015/12/nasa-budget-2016-mars-rover-europa-mission-planetary-science/420912/
Return of Lonesome George:
http://www.csmonitor.com/Science/2015/1216/Lonesome-George-returns-How-scientists-might-bring-back-extinct-Galapagos-tortoise
Scientists find 200 year old giant salamander in China:
https://www.washingtonpost.com/news/speaking-of-science/wp/2015/12/16/scientists-find-a-200-year-old-giant-salamander-just-chilling/
Supersymmetry in sight?
http://phys.org/news/2015-12-physicists-supersymmetry.html
Cassini closes in on Enceladus:
http://phys.org/news/2015-12-cassini-enceladus.html
Full moon on Christmas night:
http://www.forbes.com/sites/trevornace/2015/12/16/full-moon-shine-christmas-night-first-decades/
Mites on your face?
http://www.csmonitor.com/Science/2015/1216/What-the-tiny-mites-on-our-faces-reveal-about-our-history
Cancer linked heavily to environment:
http://www.bbc.com/news/health-35111449
Wounded? Skip the soap and add salt:
http://www.techtimes.com/articles/117316/20151217/salt-water-better-than-soap-for-cleaning-wounds-study.htm
Is red wine good for you?
http://www.cnn.com/2015/12/17/health/health-effects-of-red-wine/
Remember, it's the little things that can make a big difference:
http://www.huffingtonpost.com/entry/ohio-mom-cashier-son_56725bf4e4b0dfd4bcc0ae1a
Today's Economic Calendar:
8:30 Initial Jobless Claims
8:30 Current Account
8:30 Philly Fed Business Outlook
9:45 Bloomberg Consumer Comfort Index
10:00 Leading Indicators
10:30 EIA Natural Gas Inventory
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Notable earnings after today's close: DYSL, *RHT*
And tomorrow before the open: *BBRY*, *CCL*, CUK, *DRI*, *KMX*, LEN