Apple Today - 12/22/2015 (AAPL)
seymour_greenz • December 22nd 2015 09:48:27 AM
Good Morning,
NASDAQ Futures are up 4 with +16 Fair Value, Dow Futures are up 32 on a busy day of economic data as we approach the long holiday weekend. Futures were up more early morning, dipped into red at 4am and bounced back to green later in the morning.
Asian markets closed up with the exception of Japan. China ended up 0.26%, Hong Kong gained 0.18% while Japan lost 0.16%. European markets are also currently mostly up with only Germany lagging behind, down 0.14%. UK is leading again with a gain of 0.68% and France is up 0.15%.
Commodities are currently mixed this morning. Oil is up 0.56%, natural gas is down 1.15% and gold is down 0.16%. Unleaded gas is down 1.42%. Metals and meat are down, except lean hogs, and corn, soybeans and wheat are all up.
The US economy grew 2% in the 3rd quarter, led by consumer spending.
A trifecta of cheerful earnings today. ConAgra Foods (CAG) is up nearly 2.5% in pre-market on beating expectations by 11 cents, Paychex (PAYX) is up 2% after reporting well received earnings, and Cintas (CTAS) is also up 1%. Tomorrow morning, look for earnings from semiconductor and memory manufacturer Micron Technology (MU) and athletic apparel manufacturer Nike (NKE).
AAPL finally went up yesterday, 1.23% when all was said and done after a bouncy day of trading. Reaching nearly 108 in pre-market, AAPL gapped up at open above 107 and spent the next 2 hours sinking down on moderate volume, eventually dipping into red in late morning on higher volume and hitting a low of 105.57 at 11:34am on moderate volume. Quite quickly, AAPL ticked back up and by 12:14pm AAPL had 107 in sight on higher volume and continued in above 107 to peak at 107.37 on moderate volume in early afternoon trading. In a similar pattern to the morning, AAPL dipped again to the low-106 area just after 3pm and quickly bounced back on some of the strongest volume of the day to close the intra-day session near the highs up 1.30 to 107.33. After-hours was optimistic for AAPL, gaining an additional 30 cents to end at 107.63.
This morning in pre-market, AAPL opened up higher, picking up where after-hours left off. Hitting a peak of 107.67 on light volume at 4:10am, AAPL drifted back towards 107 on more light volume, dipping below 107 to 106.82 at 8:27am on relatively high volume before bouncing back. AAPL is currently down 24 cents at 107.09.
Classic max-pain is 109.
US economy grew 2% in Q3:
http://www.bloomberg.com/news/articles/2015-12-22/economy-grew-2-in-third-quarter-led-by-u-s-consumer-spending
Qatar National Bank to buy Turkey's Finansbank for $3 billion:
http://www.bloomberg.com/news/articles/2015-12-22/qatar-national-bank-to-buy-turkey-s-finansbank-for-2-95-billion
ConAgra plans to revive food brands:
http://www.bloomberg.com/news/articles/2015-12-22/conagra-posts-second-quarter-sales-that-miss-analysts-estimates
NetApp to buy SolidFire:
http://www.zacks.com/stock/news/201793/netapp-ntap-inks-definitive-agreement-to-buy-solidfire
Apple says UK surveillance law would endanger all clients:
http://www.bloomberg.com/news/articles/2015-12-21/apple-says-u-k-surveillance-law-would-endanger-all-customers
Facebook is supporting Apple’s Live Photos:
http://qz.com/579245/facebook-is-buying-into-apples-new-photo-format-on-mobile/
Are Google and Ford teaming up to build self-driving cars?
http://arstechnica.com/cars/2015/12/google-and-ford-reportedly-team-up-to-build-self-driving-cars/
Still time to order by Amazon:
http://www.cbsnews.com/news/amazon-prime-now-two-hour-delivery-last-minute-shopping-urban-fulfillment/
Upgrade or prepare to be blitzed:
http://www.zdnet.com/article/oracle-ordered-to-blitz-users-with-java-security-warnings/
5 wow-worthy apps of 2015:
http://www.usatoday.com/story/tech/2015/12/22/5-apps-made-us-say-wow-2015/77690902/
Microsoft Display Dock turns your Windows phone into a nearly a complete PC:
http://www.cnet.com/au/products/microsoft-display-dock/
Rift final ships to devs:
http://www.businessinsider.com/oculus-rift-final-hardware-ships-to-developers-2015-12?r=UK&IR=T
LG webOS 3.0:
http://mashable.com/2015/12/21/lg-webos/#99k7T3WBGkq0
Man sues videogame manufacturer over his addiction:
http://www.gamespot.com/articles/man-sues-bethesda-over-his-fallout-4-addiction-rep/1100-6433305/
Hello Kitty, you look familiar?
http://www.cnet.com/au/news/data-on-3-3-million-hello-kitty-fans-found-sitting-out-in-the-open/
Danger! Hoverboards!
http://www.cnet.com/uk/news/why-are-hoverboards-exploding-and-catching-fire/
Do I have to register my toy drone?
http://www.cnet.com/news/heres-what-you-need-to-know-to-register-your-drone/
Going somewhere?
http://www.washingtontimes.com/news/2015/dec/22/irs-can-now-revoke-tax-offenders-passports/
It's that time again:
http://www.forbes.com/sites/kellyphillipserb/2015/12/21/irs-announces-2016-filing-season-start-date-and-a-delayed-tax-day/
Why?
http://www.cnn.com/2015/12/22/autos/lexus-ice-wheels-car/
Faster airport WiFi speeds?
http://www.techspot.com/news/63224-boingo-aims-increase-airport-wifi-speeds-new-service.html
French group is suing Valve over resale rights:
http://www.capitalberg.com/french-suing-valve-resell-games/26948/
US fines BMW $40 million Mini safety violations:
http://www.chicagotribune.com/classified/automotive/ct-bmw-40m-fine-20151222-story.html
Falcon has landed!
http://www.space.com/31444-spacex-falcon-rocket-landing-epic-photos.html
Wild bees needed:
http://www.huffingtonpost.com/entry/domestic-crops-threatened-by-dramatic-decline-in-wild-bee-population_567957a0e4b06fa6887e915c
NASA may grow potatoes on Mars:
http://www.scienceworldreport.com/articles/34922/20151222/nasa-grow-potatoes-mars-mark-watney-martian.htm
Is Arctic ice melting?
http://www.csmonitor.com/Science/2015/1221/Arctic-ice-is-melting.-Rainy-days-ahead-video
Full moon reminder for Christmas Day:
http://www.sciencetimes.com/articles/7980/20151221/rare-cold-moon-set-appear-christmas-day.htm
New upper limit for black holes:
http://thespacereporter.com/2015/12/black-holes-large-50-billion-suns-possible/
More details about Pluto:
http://www.sciencetimes.com/articles/7983/20151221/new-horizons-data-provides-more-details-pluto.htm
Clinton's plan to cure Alzheimer's by 2025:
http://www.cnn.com/2015/12/22/politics/hillary-clinton-alzheimers-cure/
In Michigan, water, lead and kids don't mix:
https://www.washingtonpost.com/national/doctor-strongest-link-yet-between-water-kids-lead-levels/2015/12/21/a142361c-a84e-11e5-b596-113f59ee069a_story.html
Meet the pot-smoking sloth:
http://time.com/4157044/stoner-sloth-marijuana-ads-australia/
Today's Economic Calendar:
8:30 GDP Q3
8:30 Corporate Profits
8:55 Redbook Chain Store Sales
9:00 FHFA House Price Index
10:00 Richmond Fed Mfg
10:00 Existing Home Sales
Notable earnings after today's close: CAMP, *MU*, *NKE*
And tomorrow before the open: CSPI, LNN