Apple Today - 07/02/2015 OPEX (AAPL)
seymour_greenz • July 10th 2015 09:23:08 AM
Good Morning,
Dow Futures are up a record 208, NASDAQ Futures are +60 with +55 Fair Value (similar to yesterday) on a combination of China rebound and Greek optimism.
Another brutal day yesterday with AAPL opening higher but ultimately breaking down below 120. This morning AAPL opened up quite a bit higher than the close along with the Futures and has since been bouncing around in the mid-121 areas. AAPL is currently up 1.75 to 121.82.
Classic max pain comes in at 125.
China rebounds after intervention:
http://www.irishtimes.com/business/markets/china-stocks-rise-again-after-government-intervention-1.2280390
Greek deal optimism:
http://www.usatoday.com/story/news/world/2015/07/10/greece-bailout-deal/29950457/
Analysis of AAPL performance lately:
http://www.forbes.com/sites/chuckjones/2015/07/09/why-apples-stock-has-been-weak/
Staingate? Really?
http://www.bbc.com/news/technology-33311223
Pluto to be revealed:
http://news.discovery.com/space/private-spaceflight/once-just-a-speck-of-light-pluto-about-to-be-unveiled-150710.htm
Today's economic calendar:
10:00 Wholesale Trade
12:00 PM Janet Yellen speech
Notable earnings Monday before the open: PFNX