Apple Today - 07/15/2015 (AAPL)
seymour_greenz • July 15th 2015 09:20:38 AM
Good Morning,
NASDAQ Futures are up +9 with +11 Fair Value, Dow Futures are up 4. The news is abuzz with talk of 2015 rate rises and economic metrics including an increase in U.S. wholesale prices. Bank of America up on reports of increased profits.
Yesterday AAPL grasped the mid-126 area before giving it back and retreating back to the upper 125s, ultimately ending Tuesday relatively flat. This morning in pre-market AAPL has been flirting with 126 and is currently up 22 cents to 125.83.
Classic max pain weighs in at 125 and Max Profit is closer to 126.
Yellen yellin' about 2015 rate rise:
http://www.bloomberg.com/news/articles/2015-07-15/yellen-says-rate-rise-likely-in-2015-as-labor-market-improves
New laws debated for Greece:
http://www.bbc.com/news/world-europe-33535205
Bank of America beats:
http://www.valuewalk.com/2015/07/bank-of-america-corp-surges-after-earnings-beat/
More Americans reading news on social networks:
http://economictimes.indiatimes.com/magazines/panache/more-americans-reading-news-on-facebook-twitter/articleshow/48084114.cms
Long overdue, in my opinion:
http://www.wired.com/2015/07/adobe-flash-player-die/
Remember Commodore?
http://www.dailymail.co.uk/sciencetech/article-3162236/Commodore-makes-comeback-Brand-launch-Android-smartphone-let-users-play-iconic-games.html
Not on my house!
http://www.theguardian.com/technology/2015/jul/15/google-map-maker-urinating-robot-controversy
Today's economic calendar:
7:00 MBA Mortgage Applications
8:30 Producer Price Index
8:30 Empire State Mfg Survey
9:15 Industrial Production
9:15 Yellen delivers semi-annual monetary policy
10:00 Atlanta Fed's Business Inflation Expectations
10:30 EIA Petroleum Inventories
12:25 PM Fed's Loretta: Economic Outlook
2:00 PM Fed's Beige Book
3:00 PM Fed's Williams: Economic Outlook
Notable earnings after today's close: INTC, KMI, LVS, NFLX, WTFC
And tomorrow before the open: BX, SCHW, EBAY, FCS, FRC, GS, KEY, PM, SHW, TZOO, UNH