Apple Today - 12/23/2015 (AAPL)
seymour_greenz • December 23rd 2015 10:11:03 AM
Good Morning,
NASDAQ Futures are up 18 with +29 Fair Value, Dow Futures are up 90 on another busy day of economic data and one step closer to the holiday. Futures have been gaining steam all morning.
Asian markets closed mixed. Hong Kong gained 0.96%, China ended down 0.43% and Japan dropped 0.16%. European markets are currently in rally mode with the UK in the lead, up 2.13%, France is also currently up 2.01% and Germany is up 1.82%.
Commodities are mostly up this morning. Oil is currently up 1.85%, natural gas is up 1.22% and gold is down 0.2%. Unleaded gas is up 3.04%. Energy is up, metals are mixed. Silver down while platinum and copper are up. Corn, soybeans, wheat and meat are also up.
Global stocks extend "holiday" rally and oil edges off 11-year low. US consumer spending increases 0.3% in November, aided by rising income while capital goods orders in US drop for 1st time in 3 months. Sales of existing US homes slump on delayed contract closings.
Athletic apparel manufacturer Nike (NKE) reported a solid quarter and is currently up nearly 3% in pre-market. On the other hand, Memory manufacturer Micron Technology (MU) is down as much as 7% this morning after reporting earnings. Look for earnings from Cal-Maine Foods (CALM) this afternoon after the bell.
AAPL had a bouncy day yesterday, ultimately ending up near flat and losing just 0.09%. AAPL started out by opening up at 107.45, then sold off to the intra-day low of 106.45 by 10:06am on moderate volume. Just as quickly, AAPL bounced back above 107 on lower volume and then by 11am dropped back to 106.5 again on relatively light volume. After that, AAPL began a low volume recovery that peaked at 107.72 at 12:36am, then leveled out in the low-107 area where AAPL remained for the rest of the day. By close, AAPL was down 10 cents at 107.23. AAPL gained an additional 9 cents in after-hours, ending up at 107.32.
This morning in pre-market, AAPL opened up higher at 107.46 on low volume and hung around the mid-107 area for most of the morning, peaking at 107.7 at 7:36am on relatively high volume before dipping down under 107.5 and closer to yesterday's close as we approach the open. AAPL is currently up 12 cents at 107.35.
Classic max-pain is 109.
Global stocks extend rally, oil edges off 11-year low:
http://www.reuters.com/article/us-global-markets-idUSKBN0U601L20151223
US consumer spending increases, aided by rising income:
http://www.bloomberg.com/news/articles/2015-12-23/u-s-consumer-spending-rose-in-november-by-most-in-three-months
Spending supports US Q3 growth:
http://www.reuters.com/article/us-usa-economy-growth-idUSKBN0U51J420151222
Capital goods orders in US drop for 1st time in 3 months:
http://www.bloomberg.com/news/articles/2015-12-23/capital-goods-orders-in-u-s-drop-for-first-time-in-three-months
Sales of existing US homes slump on delayed contract closings:
http://www.bloomberg.com/news/articles/2015-12-22/sales-of-existing-u-s-homes-slump-on-delayed-contract-closings
OPEC's market share to shrink by 2020 as rivals keep pumping:
http://www.reuters.com/article/us-opec-outlook-idUSKBN0U60VT20151223
Nike just did it:
http://in.reuters.com/article/nike-results-idINKBN0U52C320151223
More drug price hikes?
http://www.bloomberg.com/news/articles/2015-12-23/shkreli-wasn-t-the-first-to-hike-drug-prices-and-he-won-t-be-the-last
Lost and Fung:
http://www.bbc.com/news/world-asia-china-35166286
African currencies struggle as Zimbabwe adopts yuan:
http://www.cnn.com/2015/12/23/world/africa-currencies/index.html
Boeing to pay $12 million penalty in safety cases:
https://www.washingtonpost.com/business/economy/boeing-to-pay-12-million-penalty-to-us-government-in-safety-cases/2015/12/22/bbf74044-a8e2-11e5-bff5-905b92f5f94b_story.html
New iPhone 6c in April?
http://appleinsider.com/articles/15/12/22/4-inch-iphone-6c-set-for-april-2016-launch-china-mobile-claims
Google experimenting with AI messaging:
http://www.pcmag.com/article2/0,2817,2497026,00.asp
Google and the death of passwords:
http://www.computerworld.com/article/3018028/security/google-authentication-phone-test-password-itbwcw.html
YouTube is mad at T-Mobile:
http://arstechnica.com/business/2015/12/youtube-criticizes-t-mobile-for-downgrading-video-quality/
Microsoft demos HoloLens:
http://www.sci-tech-today.com/story.xhtml?story_id=11300BSEOEK9
Nexus 5X review:
http://www.zdnet.com/article/one-week-with-googles-nexus-5x-better-than-expected-for-less-than-400/
New LG lineup at CES:
http://www.engadget.com/2015/12/23/lg-signature-ces-announcement/
An autonomous retrofit for your car?
http://bgr.com/2015/12/22/self-driving-car-smartphone-app/
China rover finds curious substance on moon:
http://www.csmonitor.com/Science/2015/1222/China-s-Jade-Rabbit-rover-finds-curious-substance-on-moon
NASA Mars lander delayed:
http://www.space.com/31451-nasa-insight-mars-lander-delay-effects.html
Fireball streaking across US sky was Russian rocket:
https://www.washingtonpost.com/national/health-science/fireball-crossing-western-sky-was-debris-from-russian-rocket/2015/12/23/fcd61e6a-a940-11e5-b596-113f59ee069a_story.html
Earthrise:
http://www.space.com/31422-earthrise-photo-nasa-moon-probe.html
NASA releases amazing images of Enceladus:
http://www.usatoday.com/story/tech/nation-now/2015/12/23/nasa-releases-images-cassinis-last-close-enceladus-flyby/77797594/
Closest images yet of Ceres:
http://www.scienceworldreport.com/articles/35009/20151223/nasas-dawn-spacecraft-captures-closest-images-dwarf-planet-ceres.htm
Is gene editing moving too fast?
http://www.csmonitor.com/Science/2015/1222/Is-gene-editing-moving-too-fast-CRISPR-scientist-raises-concerns.-video
Kangaroo-style care may benefit newborn:
http://www.livescience.com/53193-kangaroo-style-care-newborns-health.html
Brazil warns against pregnancy due to spreading virus:
http://www.cnn.com/2015/12/23/health/brazil-zika-pregnancy-warning/
Can women save money this way?
http://qz.com/579879/women-you-should-probably-buy-the-mens-version-of-that-beauty-product/
Can you find the panda?
http://www.people.com/article/find-the-panda-the-internets-newest-craze-is-here?xid=rss-topheadlines
Today's Economic Calendar:
7:00 MBA Mortgage Applications
8:30 Durable Goods
10:00 New Home Sales
10:00 Reuters/UofM Consumer Sentiment
10:30 EIA Petroleum Inventories
11:30 Results of $13B, 2-Year FRN Auction
Notable earnings after today's close: CALM