Apple Today - 1/19/2016 (AAPL)
seymour_greenz • January 19th 2016 10:16:30 AM
Good Morning,
Welcome back. NASDAQ Futures are up 58 with +67 Fair Value, Dow Futures are up 217 on this day after MLK day 2016. Futures have been gaining steam throughout the morning and are not far off the highs put in around 6:30am.
Asian markets rallied back today. China closed up 3.22%, Hong Kong gained 2.07% and Japan ended up 0.55%. European markets are also rallying. The UK is currently up 2.17%, Germany is up 1.99% and France is leading the pack up 2.72%.
Commodities are mostly up this morning. Oil is currently up 0.71%, natural gas is up 1.71% and gold is up 0.39%. Unleaded gas is up 3.72% and heating oil is down 0.37%. Metals up except gold. Meat is down. Cocoa, coffee, cotton, corn, soybeans and wheat are all also up.
The latest data out of China shows their economy grew by just 6.9% in 2015, leading IMF to cut global growth forecast.
Delta Air Lines (DAL) reported Q4 earnings this morning, bottomed at 43.9 in pre-market just after 7am and is currently up over 2%. Unilever (UL) also reported and is up over 4% on better than expected revenue.
This afternoon after the bell, look for earnings from Advanced Micro Devices (AMD), Cree (CREE), Interactive Brokers Group (IBKR), International Business Machines (IBM) and Netflix (NFLX).
Tomorrow morning before the bell, TD Ameritrade (AMTD) and Goldman Sachs (GS) are expected to report.
AAPL had a "rocky" week but wound up not going much of anywhere, up just 0.18% for the week. Off to a rough start, Monday found AAPL mostly in the 98-area, Tuesday showed some promise near 100, Wednesday brought an avalanche back to 98, Thursday saw a "rally" back over 100 and Friday gapped down, threatened to lose 96 with a painful low of 95.36 at 12:40pm on relatively low volume and then wound up recovering to 97.71 at 3:06 on moderate volume and closing at 97.13, most of the day spent on very high volume. AAPL traded in a narrow range in after-hours, gaining an additional 2 cents.
This morning in pre-market, AAPL opened up higher in conjunction with Futures and hugged the 99-area for most of the morning, reaching a pre-market high of 99.25 at 6:38am. AAPL has since settled down into the mid-98 area as we approach the open. AAPL is currently up 1.38 at 98.43.
Classic max-pain is 100.
IMF cuts global growth forecast as China slows:
http://www.reuters.com/article/us-imf-growth-idUSKCN0UX11Y
China's growth hits 25-year low:
http://www.reuters.com/article/china-economy-gdp-idUSKCN0UX05U
Rate hike?
http://money.cnn.com/2016/01/19/news/economy/global-fears-federal-reserve-rate-hike/
Carney delays rate increase:
http://www.bloomberg.com/news/articles/2016-01-19/carney-says-not-yet-time-for-bank-of-england-rate-increase
Europe presses Ukraine on reforms:
http://in.reuters.com/article/ukraine-crisis-eu-idINKCN0UW22R
Bank of America profit up:
http://www.reuters.com/article/us-bank-of-america-results-idUSKCN0UX1FK
The future of Unilever:
http://www.bloomberg.com/news/articles/2016-01-19/unilever-sales-beat-estimates-on-new-ice-cream-beauty-products
http://fortune.com/2016/01/19/unilever-volatile-year/
Tiffany losing sparkle?
http://www.reuters.com/article/us-tiffany-results-idUSKCN0UX1E0
Apple experimenting with ultra fast Li-Fi wireless data for future iPhones:
http://appleinsider.com/articles/16/01/18/ios-code-shows-apple-experimenting-with-ultra-fast-light-based-li-fi-wireless-data-for-future-iphones
US court bans the sale of some Samsung phones for Apple:
http://www.computerworld.com/article/3023897/it-industry/us-court-bans-the-sale-of-some-samsung-phones-at-apples-request.html
Word Flow keyboardheading to iPhone:
http://www.techtimes.com/articles/125164/20160118/windows-phone-s-word-flow-keyboard-is-making-its-way-to-your-iphone.htm
Amazon details drone plan:
http://www.huffingtonpost.com/entry/amazon-drone-delivery-service_us_569e175ce4b0cd99679b3d85?utm_hp_ref=technology&ir=Technology§ion=technology
Your printer went on a shopping spree:
http://www.cnet.com/news/your-printer-went-on-a-shopping-spree-while-you-were-reading-this/
WhatsApp turns free:
http://fortune.com/2016/01/19/whatsapp-free/
Twitter troubles:
http://www.nytimes.com/2016/01/20/technology/twitter-outage.html
Microsoft acquires MinecraftEdu for schools:
http://www.nytimes.com/2016/01/20/technology/microsoft-acquires-minecraftedu-tailored-for-schools.html
There's a "hit" on Windows 7 and 8:
http://www.businessinsider.com/microsoft-forces-chip-makers-into-supporting-windows-10-2016-1
Samsung begins production of fast 4GB DRAM for servers:
http://www.zdnet.com/article/samsung-begins-production-of-4gb-dram-for-servers/
Samsung fixed the S Pen problem:
http://www.theverge.com/2016/1/19/10789208/samsung-note-5-stylus-fix
Are you sharing your home?
http://www.wired.com/2016/01/just-give-up-its-impossible-to-bug-proof-your-home/
Underwater volcanos and the ice age:
http://www.csmonitor.com/Science/2016/0119/Did-explosive-underwater-volcanos-end-Snowball-Earth
The oceans are heating up more rapidly than expected:
http://www.csmonitor.com/Science/2016/0118/The-oceans-are-heating-up-more-rapidly-than-we-thought.-Why-that-matters
Meet the newest mountain lion kittens:
http://www.huffingtonpost.com/entry/mountain-lion-kittens-discovered_us_569be468e4b0ce496424cce1
Can you be Spider-Man?
http://www.bbc.com/news/uk-england-cambridgeshire-35351033
The blueprint of protein:
http://www.techtimes.com/articles/125645/20160119/blueprint-of-protein-linked-to-pain-heat-perception-may-lead-to-better-chronic-pain-treatment.htm
World’s largest canyon discovered under ice:
http://www.thehindu.com/news/international/worlds-largest-canyon-spotted-by-chinese-scientists/article8124114.ece
SpaceX rocket crashes:
http://www.csmonitor.com/Science/2016/0118/SpaceX-rocket-crashes-on-landing-What-went-wrong-video
Flowers a bloomin' in space:
https://www.washingtonpost.com/news/speaking-of-science/wp/2016/01/19/nasa-astronauts-just-made-flowers-bloom-in-space-but-theyre-not-actually-the-first/
Why is this star acting strange?
https://www.washingtonpost.com/news/morning-mix/wp/2016/01/19/this-star-probably-isnt-surrounded-by-alien-megastructures-but-whats-making-it-act-so-strangely/
Attention skywatchers:
http://www.cnn.com/2016/01/19/us/planet-comet-show/
The brightest known galaxy is turbulent:
http://www.csmonitor.com/Science/2016/0116/Is-the-brightest-known-galaxy-ripping-itself-apart
Junior doctors' strike called off:
http://www.bbc.com/news/health-35352911
High fish consumption in pregnancy tied to brain benefits for kids:
http://www.reuters.com/article/us-health-pregnancy-fish-idUSKCN0UW1S4
Limiting infants to almond milk can result in scurvy:
http://www.reuters.com/article/us-health-infants-almond-milk-idUSKCN0UW23F
Exercise helps lower the risk of cardiovascular disease:
http://www.scienceworldreport.com/articles/36037/20160118/exercise-helps-lower-the-risk-of-cardiovascular-disease-study-says.htm
The effects of sleep deprivation:
http://www.huffingtonpost.com/life-by-dailyburn-/this-is-your-body-on-sleep-deprivation_b_8990260.html
Today's Economic Calendar:
10:00 NAHB Housing Market Index
4:00 PM Treasury International Capital
Notable earnings after today's close: ADTN, *AMD*, *CREE*, FULT, *IBKR*, *IBM*, LLTC, *NFLX*, NLS, OKSB, PNFP, RNST, WTFC, WWD
And tomorrow before the open: *AMTD*, APH, ASML, EAT, *GS*, NTRS, PPBI, SIFY, TEL, UBSH, UCBI, UNB