Apple Today - 08/14/2015 OPEX (AAPL)
seymour_greenz • August 14th 2015 09:27:16 AM
Good Morning,
NASDAQ Futures are down 7 with -4 Fair Value, Dow Futures are down 13. Futures have been relatively flat, green at some points even, before sinking slightly as we near the open of this OPEX day. Yuan appears to have stabilized. Greek deal proceeds cautiously. Oil is still below $42. JCP is up 4% after reporting this morning, on the other hand LOCO reported yesterday and is down over 18% on lowering sales forecast and KING, maker of Candy Crush, also reported and is down 12% on lower profit. Watch for August consumer sentiment that will roll in at 10am.
Yesterday AAPL wound up relatively flat after a morning dip to mid-114 followed by a quick rally over 116 on Chowdhry's comments about a "completely new, next-generation computing device" from Apple around 10:38am. AAPL later peaked at 116.31 at 2:32pm, then sold off rather quickly down to 115 and closed the intra-day session at 115.15. After the bell there were some reports of delays on Apple acquiring broadcast license deals for the predicted upcoming Apple TV launch, causing AAPL to drop towards the mid-114s in after-hours, with a brief spike to 115.15 at 6:58pm on moderately high volume. AAPL ended after-hours at 114.6.
This morning in pre-market, AAPL opened below yesterday's intra-day close but above after-hours at an even 115. Since, AAPL has dropped down continuously over the session in conjunction with Futures. AAPL hit a low of 114.3 at 8:18am before bouncing slightly. AAPL is currently down 69 cents at 114.46.
Classic max-pain is 115. Today is OPEX.
Stunning Video of China warehouse blasts:
http://www.bbc.com/news/world-asia-china-33933352
Yuan drama makes for a tough week:
http://www.reuters.com/article/2015/08/14/us-markets-global-idUSKCN0QJ01R20150814
Latest on Greek deal:
http://www.reuters.com/article/2015/08/14/markets-bonds-euro-idUSL5N10P23P20150814
LOCO drops crazily:
http://www.bloomberg.com/news/articles/2015-08-13/el-pollo-loco-plunges-after-lowering-sales-forecast-for-2015
Candy crushed:
http://timesofindia.indiatimes.com/tech/tech-news/Candy-Crush-Saga-maker-King-Digitals-profit-falls-28/articleshow/48481777.cms
Apple TV to launch sans broadcasts, claims Bloomberg:
http://bgr.com/2015/08/14/apple-tv-subscription-service-launch-2016/
Apple now supports Windows 10:
http://www.cnet.com/news/apples-boot-camp-dual-boot-tool-now-supports-windows-10/
Facebook unfriended intern:
http://www.washingtonpost.com/news/morning-mix/wp/2015/08/14/facebook-rescinds-internship-to-harvard-student-who-exposed-a-privacy-flaw-in-messenger/
Air quality is a serious problem in China, killing nearly 4,400 per day:
http://time.com/3997626/china-pollution-study/
Robotic lawnmowers approved:
http://www.reuters.com/article/2015/08/12/us-irobot-lawnmower-fcc-idUSKCN0QH2CV20150812
Meet this big fishy face:
http://www.wired.com/2015/08/absurd-creatures-watch-giant-swimming-face-sea/
Mother robot makes babies:
http://www.engadget.com/2015/08/14/university-of-cambride-mother-robot/
Today's economic calendar:
8:30 PPI-FD
9:15 Industrial Production
10:00 Consumer Sentiment
Notable earnings after today's close: ONTX
And on Monday before the open: EL