Apple Today - 06/23/2015 (AAPL)
seymour_greenz • June 23rd 2015 09:11:37 AM
Good Morning,
NASDAQ Futures are up 12 with +9 Fair Value, Dow Futures are up 35 on a combination of contrarian data and continued Greek optimism. AAPL opened higher on Monday and held a relatively tight range in a "heartbeat pattern". This morning in pre-market, AAPL opened up higher, reached 127.86, and has since settled back down over the session. AAPL is momentarily down 8 cents to 127.53.
Classic max pain is 127.
Durable goods orders drop:
http://www.washingtonpost.com/business/durable-goods-orders-drop-18-percent-in-may-pulled-down-by-lower-demand-for-aircraft/2015/06/23/4a15e48a-19a4-11e5-bed8-1093ee58dad0_story.html
Gold iPhone update:
http://qz.com/433922/apples-cunning-plan-to-sell-gold-iphones-in-china-is-working/
Blackberry misses but shows some promise in software sales:
http://www.bloomberg.com/news/articles/2015-06-23/blackberry-misses-profit-estimates-amid-turnaround-efforts
Today's economic calendar:
8:30 Durable Goods
8:55 Redbook Chain Store Sales
9:00 FHFA House Price Index
9:45 PMI Manufacturing Index Flash
10:00 Richmond Fed Mfg.
10:00 New Home Sales
1:00 PM Results of $26B, 2-Year Note Auction
Notable earnings before the bell tomorrow: MON, LEN