Apple Today 07/23/2015 (AAPL)
seymour_greenz • July 23rd 2015 09:18:17 AM
Good Morning,
NASDAQ Futures are down 1 with +1 Fair Value, Dow Futures are down 25. GM posts a strong 2nd quarter while McDonald's (MCD) did not.
Yesterday, after Apple's quarterly earnings report, AAPL saw immediate recovery from the low 120s to the mid 125s and ended a rather rough earnings day on a somewhat up note, above 125. This morning in pre-market AAPL opened up higher and soon after hit a high point of 126.15 at 5:22am. AAPL has since drifted a bit lower along with Futures and has been hanging around the upper 125s. AAPL is currently up 46 cents to 125.68.
Classic max-pain comes in at 126, yesterday it was 128.
GM earnings impress:
http://www.nytimes.com/2015/07/24/business/gm-earnings-soar-in-2nd-quarter.html?_r=0
McDonald's does not:
http://www.bloomberg.com/news/articles/2015-07-23/mcdonald-s-same-store-sales-miss-estimates-as-slump-persists
AAPL and MSFT dragged the Dow down:
http://www.ibtimes.com/dow-jones-industrial-average-drops-nearly-100-points-apple-inc-aapl-microsoft-2019955
Is AAPL a victim of expectations?
http://business.financialpost.com/investing/investing-pro/why-was-apple-incs-stock-punished-its-their-own-fault-for-being-so-good
Apple in China:
http://qz.com/461689/apple-iphone-china/
Carhacking, yes it's a thing now.
http://www.telegraph.co.uk/women/womens-life/11755147/Hackers-are-winning-the-digital-war-fair-play-to-them.html
Twitter Developer Conference in October:
http://www.pcmag.com/article2/0,2817,2488313,00.asp
Big Brother taking another step:
http://www.theblaze.com/stories/2015/07/23/googles-new-feature-that-some-are-calling-terrifying/
Is Nokia getting in the VR space?
http://www.trustedreviews.com/news/is-nokia-s-virtual-reality-product-launching-next-week
Get your Moon boots ready...
http://economictimes.indiatimes.com/articleshow/48186045.cms
Today's economic calendar:
8:30 Initial Jobless Claims
8:30 Chicago Fed National Activity Index
9:45 Bloomberg Consumer Comfort Index
10:00 Leading Indicators
10:30 EIA Natural Gas Inventory
11:00 Kansas City Fed Mfg Survey
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Notable earnings after today's close: ALTR, AMZN, ATHN, CBI, FLEX, FSL, N, P, PMCS, PFG, SWKS, SBUX, TRIP, V
And tomorrow before the open: AAL, BIIB, SPG, SAVE, STT, XRX