Apple Today 08/18/2015 (AAPL)
seymour_greenz • August 18th 2015 09:25:14 AM
Good Morning,
NASDAQ Futures are down 9 with -8 Fair Value, Dow Futures are down 34. Volatility returns to China stocks as the indexes dropped over 6% on Tuesday, causing Futures to fall. Home Depot reported earnings yesterday after the bell and is up in the 1-2% range. On the other hand, Wal-Mart (WMT) reported this morning and is currently down over 2% on a weakened outlook.
Yesterday, AAPL saw a strong start to the week. After an instant morning dip to 115.5, AAPL quickly climbed its way up over 117, reaching a pinnacle of 117.64 at 2:40pm on moderate volume. AAPL subsequently backed off and hovered around 117 for the remainder of the intra-day and closed at 117.16. After-hours saw little change.
This morning in pre-market, AAPL opened lower and has drifted down on light volume in conjunction with Futures, hitting a low of 116.35 at 7:28am before bouncing up to 116.75 at 8:51am. AAPL is currently down 55 cents to 116.61.
Classic max-pain is 120.
China stumbles again:
http://www.nytimes.com/2015/08/19/business/international/chinese-stocks-tumble-6-2-percent.html
China selloff influences Europe:
http://www.reuters.com/article/2015/08/18/us-markets-global-idUSKCN0QN02220150818
Wal-Mart discounts full-year forecast:
http://www.reuters.com/article/2015/08/18/wal-mart-stores-results-idUSL1N10T0FR20150818
Home Depot builds on profit:
http://www.bloomberg.com/news/articles/2015-08-18/home-depot-posts-9-profit-increase-raises-earnings-forecast
More iPhone 6s details emerge:
http://gadgets.ndtv.com/mobiles/news/alleged-iphone-6s-schematics-leak-tipping-new-sip-architecture-729261
iPhone patents:
http://www.patentlyapple.com/patently-apple/2015/08/apple-granted-39-patents-today-covering-technology-behind-touch-id-motion-gestures-and-more.html
Comcast bets big on BuzzFeed:
http://www.reuters.com/article/2015/08/18/comcast-nbcu-buzzfeed-idUSL3N10T3XU20150818
Facebook hacker to be sentenced:
http://www.bbc.com/news/technology-33971770
Drama in the Amazon continues...
http://qz.com/481235/amazon-treats-its-employees-the-way-it-does-because-of-us/
Is this Marshmallow sweet?
http://www.slashgear.com/android-6-0-marshmallow-whats-hot-and-whats-not-18397995/
Google helps estimate your solar potential:
http://www.wired.com/2015/08/much-can-save-solar-panels-just-ask-google/
Meet Google's new robot man (and dog):
http://www.washingtonpost.com/news/morning-mix/wp/2015/08/18/watch-googles-new-humanoid-robot-stomp-around-the-woods-like-a-drunk-iron-man/
Today's economic calendar:
8:30 Housing Starts
8:55 Redbook Chain Store Sales
Notable earnings after today's close: ADI, DV, FLXS, LZB, ONTX, SINA, WB
And tomorrow before the open: AEO, HRL, LOW, SPLS, TGT