Apple Today - 06/24/2015 (AAPL)
seymour_greenz • June 24th 2015 09:21:47 AM
Good Morning,
NASDAQ Futures are down 10 with -9 Fair Value, Dow Futures are down 72 on Greek "concern". AAPL had a rough day yesterday and closed at the low of the day, near 127. This morning in pre-market, AAPL opened above 127, took a dip to 126.63 before recovering significantly, back well over 127. AAPL is currently up 42 cents to 127.45.
Classic max pain remains 127, Max Profit is 128 +/-2.
Relax. Do we have a Deal yet?
http://www.reuters.com/article/2015/06/24/us-markets-global-idUSKBN0P401020150624
Analysts connects the dots on iPhone resale and comment on demand:
http://appleinsider.com/articles/15/06/23/study-higher-iphone-resale-value-in-us-and-china-suggests-strong-demand
Hoverboard is here. Where is Marty?
http://www.pcworld.com/article/2939992/lexus-claims-most-back-to-the-future-hoverboard-yet.html
Today's economic calendar:
7:00 MBA Mortgage Applications
8:30 GDP Q1
8:30 Corporate Profits
10:30 EIA Petroleum Inventories
11:30 Results of $13B, 2-Year FRN Auction
1:00 PM Results of $35B, 5-Year Note Auction
Notable earnings after today's close: APOG, BBBY, MLHR, WOR
And tomorrow before the open: WGO, ACN