Apple Today - 07/28/2015 (AAPL)
seymour_greenz • July 28th 2015 09:21:52 AM
Good Morning,
NASDAQ Futures are up 12 with +24 Fair Value, Dow Futures are up 49. The Shanghi index dropped again, nearly 5% before recovering some of the lost ground ending at -1.68%. It's a busy day with FOMC meeting beginning today.
Yesterday AAPL sold off in premarket and wound up opening significantly lower than Friday's close. After a rough open testing 122 again, AAPL made an attempt at reclaiming the mid-123 area. Unable to sustain, AAPL retreated back to 123 and ultimately closed at 122.77, right around the middle of yesterday's trading range. This morning in pre-market, AAPL opened up markedly higher in conjunction with U.S. Futures and news of a serious flaw in the Android operating system (see below), quickly broke through 124 and reached a high of 124.3 at 6:04am before easing back into the upper-mid 123 area. AAPL is currently up 78 cents to 123.55.
Classic max-pain reads 125, same as yesterday.
Futures up:
http://uk.reuters.com/article/2015/07/28/us-markets-stocks-idUKKCN0Q218E20150728
All eyes on FOMC:
http://www.bloomberg.com/news/articles/2015-07-27/fed-may-hint-september-liftoff-is-on-table-with-statement-tweaks
Leaky Fed:
http://www.businessinsider.com/fed-staff-economic-projections-leak-2015-7
Serious Android bug affects 1,000,000,000 phones:
http://www.bbc.com/news/technology-33689399
New Apple Watch ads coincide with availability in Best Buy:
http://www.phonearena.com/news/Apples-new-trio-of-Apple-Watch-ads-are-all-about-the-apps_id72014
http://dfw.cbslocal.com/2015/07/28/apple-watch-to-be-sold-at-best-buy-stores/
Google+ gets a minus:
http://www.zdnet.com/article/google-unwinds-what-did-we-learn-about-google/
Real life KITT car:
http://www.rt.com/news/310949-knight-rider-car-china/
Get your passport ready:
https://www.scientificamerican.com/article/kepler-452-b-what-it-would-be-like-to-live-on-earth-s-cousin/
Keep an eye on your Roomba:
http://gadgets.ndtv.com/science/news/stephen-hawking-elon-musk-other-tech-leaders-warn-over-killer-robots-720893
http://abcnews.go.com/Technology/wireStory/scientists-worry-arms-race-artificial-intelligence-32727492
Today's economic calendar:
FOMC meeting begins
8:55 Redbook Chain Store Sales
9:00 S&P Case-Shiller Home Price Index
9:45 PMI Services Index Flash
10:00 Consumer Confidence
10:00 Richmond Fed Mfg.
10:00 State Street Investor Confidence Index
1:00 PM Results of $26B, 2-Year Note Auction
Notable earnings after today's close: AFL, AKAM, BWLD, CTXS, EW, ETH, ESRX, GIGA, GILD, NCLH, PNRA, RNR, TRNS, TRU, TRMK, TWTR, X, YELP
And tomorrow before the open: ADT, ANTM, AVY, CRI, CLF, ETN, GRMN, GD, GT, HSIC, HES, HLT, IP, LVLT, MA, NOC, PAG, PCG, STRZA, TRI.TO, WEX