Apple Today - 06/04/2015 (AAPL)
seymour_greenz • June 4th 2015 10:01:39 AM
Good Morning,
"Yikes", NASDAQ Futures are down 27 with -18 Fair Value. AAPL again closed about flat yesterday after an "optimistic" gap up on supposed Greek progress. In pre-market, AAPL opened at a low of 129.07 and has oscillated back above 129.5, clawing back to a pre-market session high of 129.88 and currently at 129.61.
Again max pain appears to be 130 while Max Profit is 130.5 +/- 1.5 and Gamez Theory holds at 132.
New numbers released indicate jobless claims decreased, indicating strength in the U.S. job market. Good news or bad for stocks?
http://www.bloomberg.com/news/articles/2015-06-04/fewer-american-workers-file-claims-for-unemployment-benefits
Today's economic calendar:
Chain Store Sales
7:30 Challenger Job-Cut Report
8:30 Initial Jobless Claims
8:30 Gallup US Payroll to Population
8:30 Productivity and Costs
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Notable earnings after today's close: CMTL, COO, DMND, ESL, IDT, PAY, RALY, SEAC, THO, UTIW, VNCE, ZOES, ZUMZ
And tomorrow before the open: PNY, SHOS