Apple Today - 4/15/2016 OPEX (AAPL)
seymour_greenz • April 15th 2016 09:27:22 AM
Good Morning,
NASDAQ Futures are down 10 with -10 Fair Value, S&P Futures are down 4 with -4 Fair Value and Dow Futures are down 29 as we bring a close to this busy week and April monthly option expiration. Futures were slightly up early this morning but dropped sharply after 2:30am, continuing lower throughout the morning and are near the lows as we await the open.
Asian markets closed lower today. China dropped 0.14%, Hong Kong went down 0.10% and Japan led the decline, down 0.37%. European markets are also down today. The UK is currently down 0.47%, Germany is down 0.51% and France is leading the decline, down 0.56%.
Commodities are mixed this morning. Oil is down 2.67%, natural gas is down 2.49% and gold is up 0.36%. Unleaded gas is down 2.93% and heating oil is up 2.97%. Metals are mixed. Meat is mixed. Cocoa, coffee and soybeans are up and cotton, corn and wheat are down.
Global stocks, dollar and oil cool ahead of Doha oil meeting. Empire Fed manufacturing hits 15-month high. At 6.7%, China Q1 GDP slows further.
Citigroup Inc. (C) reported Q1 earnings this morning with a 27% drop in earnings but beat expectations and is up nearly 3% in pre-market. Infosys Limited, Inc. (INFY) announced Q4 earnings that topping estimates and is currently up over 5%. Regions Financial Corporation (RF) reported Q1 earnings this morning that beat by 1 cent, exceeding forecasts and is up over 5.5% in pre-market.
Monday morning, PepsiCo Inc. (PEP) is expected to report.
After a quick splash to mid-111 AAPL bobbed along the 112 water line all day, gaining 0.05% on mild volume. AAPL opened at 111.64 to moderately high volume, peaked over 112 on heavier volume within 15 minutes and then sharply dipped below 111.5, setting an intra-day low of 111.33 at 10:15am on moderate volume before recovering within the next hour on mild volume and continuing on to lift up out of the water to 112.39 at 12:12pm on moderate volume. AAPL spent the rest of the afternoon bobbing along 112. AAPL ended the day up 6 cents at 112.1. AAPL gained an additional 10 cents in after-hours to 112.2.
This morning in pre-market, AAPL opened down in conjunction with Futures and spent most of the morning in the upper-111 area with lift toward 112 later in the morning. AAPL is currently down 13 cents at 111.97 as we approach the open.
Classic max-pain is 100. Today is OPEX. Have a good weekend with your friends and family. Did you file your taxes yet?? Just kidding, you have until Monday.
Global stocks, dollar and oil cool ahead of Doha oil meeting:
http://www.reuters.com/article/us-global-markets-idUSKCN0XC015
Empire Fed manufacturing hits 15-month high:
http://www.businessinsider.com/empire-state-manufacturing-survey-april-15-2016-4
At 6.7%, China Q1 GDP slows further:
http://www.nasdaq.com/article/china-1q-gdp-slows-further-up-67-onyear-in-line-with-expectations-20160414-01265
Obama help push for open market for cable set-top boxes:
http://www.nytimes.com/2016/04/16/us/politics/obama-set-top-boxes.html
Citigroup beats estimates as cost cuts mitigate revenue drop:
http://www.bloomberg.com/news/articles/2016-04-15/citigroup-beats-estimates-as-cost-cuts-mitigate-revenue-drop
Do the recent Silicon Valley layoffs and failures signal anything?
http://fortune.com/2016/04/15/silicon-valley-layoffs-failures-bubble/
Apple, FBI set to resume encryption fight at House hearing:
http://www.cnet.com/news/apple-fbi-set-to-resume-encryption-fight-at-house-hearing-terrorist-iphone-san-bernardino/
Apple assembles "secret team" for App Store changes:
http://www.bloomberg.com/news/articles/2016-04-14/apple-said-to-pursue-new-search-features-for-crowded-app-store
How long will you keep your Apple device?
http://www.zdnet.com/article/how-long-will-you-keep-your-apple-watch-iphone-ipad-apple-reckons-three-years/
Better remove QuickTime for Windows quickly:
http://appleinsider.com/articles/16/04/14/apple-to-deprecate-quicktime-for-windows-after-discovery-of-two-flaws
Microsoft's lawsuit, and retail's data-disclosure secrecy problem:
http://www.computerworld.com/article/3056893/retail-it/microsofts-lawsuit-and-retails-data-disclosure-secrecy-problem.html
Huawei enters the VR space with symbiotic phone:
http://venturebeat.com/2016/04/15/huawei-enters-the-virtual-reality-fray-with-a-new-wearable-headset-that-connects-to-your-phone/
Does Facebook want to kill other apps?
http://www.npr.org/sections/alltechconsidered/2016/04/13/474011009/facebooks-new-master-plan-kill-other-apps
Did you stump Microsoft's new "Captionbot" yet?
http://www.bbc.com/news/technology-36052738
$70K worth of "whale vomit" discovered UK couple. Who priced this?
http://news.discovery.com/animals/whales-dolphins/70k-worth-of-whale-vomit-found-by-uk-couple-160414.htm
Today's Economic Calendar:
8:30 Empire State Mfg Survey
9:15 Industrial Production
10:00 Reuters/UofM Consumer Sentiment
12:50 PM Fed's Evans speech
1:00 PM Baker-Hughes Rig Count
4:00 PM Treasury International Capital
Notable earnings after today's close: CHFC
And on Monday before the open: *PEP*, KPELF, LII, MTB, MY, TCS.BO