Apple Today - 07/31/2015 OPEX (AAPL)
seymour_greenz • July 31st 2015 09:26:32 AM
Good Morning,
NASDAQ Futures are up 10 with 16 Fair Value, Dow Futures are up 2. Futures have oscillated between green and red all morning and are currently green, likely on economic metrics. LNKD reported better than expected earnings yesterday and initially immediately skyrocketed up over 13% in after-hours but sold off quickly and is currently down over 7% in pre-market.
Yesterday, AAPL opened down again and had another weak day failing to regain 123, or even much of an attempt at 122.5. Yesterday, in after-hours AAPL saw a brief rally to 122.97 at 5:02pm before slipping down to 122.03 shortly after and closing out after-hours at 122.32. This morning, in pre-market AAPL opened slightly higher than yesterday's regular close, reaching a high of 122.68 at 5:50am with an odd rogue trade at 122.02 for 39 shares at 5:38am. Since that time AAPL traded down to the lower-mid 122s with another low of 122.04 at 8:26am, then bouncing back up again reclaiming the mid 122s. After all that, AAPL is currently up 27 cents to 122.64.
Classic max-pain is now 124, same as yesterday.
Small gain for U.S. employment:
http://www.reuters.com/article/2015/07/31/us-usa-economy-idUSKCN0Q51I320150731
Why LinkedIn fell out:
http://www.forbes.com/sites/kathleenchaykowski/2015/07/31/why-investors-dumped-linkedin-shares-after-it-beat-estimates/
Ebola vaccine works:
http://www.bbc.com/news/health-33733711
Exxon's profit low:
http://www.bloomberg.com/news/articles/2015-07-31/exxon-profit-lowest-since-2009-as-prices-fall-faster-than-costs
FireEye CEO "fires" himself, "eyes" another opportunity:
http://www.forbes.com/sites/jaysomaney/2015/07/31/fireeyes-serial-cfo-moves-on/
Wrapping up a rough July for commodities and China:
http://in.reuters.com/article/2015/07/31/us-markets-global-idINKCN0Q501G20150731
Apple TV under the tree?
http://fortune.com/2015/07/31/apple-tv-christmas/
Sour grapes or a real problem?
http://money.cnn.com/2015/07/31/technology/windows10-mozilla-letter/
Facebook drones on for more MAUs:
http://www.zdnet.com/article/facebook-readies-drone-with-wingspan-of-a-boeing-737/
Should we give Google Glass another grown-up try?
http://www.zdnet.com/article/google-offers-revamped-glass-headset-to-the-enterprise-report/
Firechat without a data connection:
http://tech.firstpost.com/news-analysis/firechat-app-lets-users-message-without-an-internet-connection-276156.html
Magnetic shield is 4 billion years old:
http://www.bbc.com/news/science-environment-33721393
Holy robot!
http://www.i4u.com/2015/07/93742/robot-jumps-water-water-strider
Today's economic calendar:
8:30 Employment Cost Index
9:45 Chicago PMI
10:00 Consumer Sentiment
Notable earnings on Monday before the open: CDW, CLX, CNA, DO, IEP, L, TSN