Now taking membership applications! Login or Register with Invitation Code

Apple Today - 08/19/2015 FOMC (AAPL)

seymour_greenz • August 19th 2015 09:18:40 AM

Good Morning,

NASDAQ Futures are down 10 with -6 Fair Value, Dow Futures are down 79 on continued China "worries". Target (TGT) impressed with a report this morning and is up over 5%. Weibo (WB) is up over 2% on earnings as well. On the other hand, Lowe's (LOW) and Staples (SPLS) also reported and are down. Sears (SHLD) reports tomorrow before the bell. Consumer prices rise and the highly anticipated Fed minutes are expected at 2pm.

Yesterday, AAPL closed modestly down from Tuesday. AAPL opening lower in the morning and turning green briefly in the afternoon, reaching a peak of 117.4 at 12:04pm on moderate volume. Subsequently, AAPL sold off into the afternoon and wound up at 116.5 with a small rise of 8 cents in after-hours.

This morning in pre-market, AAPL opened up lower in conjunction with Futures, seeing a low of 116 at 4:32am on what appears to be heavy volume at the time. AAPL has since recovered back to 116.5 on low volume with only a brief dip to 116.2 on 290 shares at 6:50am with another recovery to 116 around a half hour later. AAPL maxed out in pre-market at 116.56 at 8:04am on moderate volume and is currently down 25 cents at 116.25 as Futures weaken.

Classic max-pain is 120.


Futures are down, Fed is up:
http://www.reuters.com/article/2015/08/19/us-markets-stocks-usa-idUSKCN0QO15P20150819

Consumer prices rise...
http://www.reuters.com/article/2015/08/19/us-economy-consumerprice-idUSKCN0QO1BE20150819

...but less than forecasted:
http://www.bloomberg.com/news/articles/2015-08-19/consumer-prices-in-u-s-increased-less-than-forecast-in-july

PayPal gets Modest:
http://fortune.com/2015/08/19/paypal-acquisition-ebay-modest/

Airbnb presses into China:
http://www.nytimes.com/2015/08/20/technology/airbnb-hopes-to-deepen-its-penetration-of-china-with-local-partnerships.html

Apple Pay sees 80% adoption in Apple Watch owners:
http://www.telegraph.co.uk/technology/apple/watch/11811625/Four-in-five-Apple-Watch-owners-are-using-Apple-Pay.html

Apple: Those corners are mine!
http://fortune.com/2015/08/19/apple-patents-rounded-corners/

Google launches little rubbish-bin looking router:
http://www.wired.com/2015/08/google-onhub-wi-fi-router/

What's your state's emoji? Ours is a hatchling.
http://techcrunch.com/2015/08/19/but-is-the-eggplant-emoji-a-euphemism/
http://swiftkey.com/en/united-states-emoji/

Does he pre-rinse though?
http://www.bbc.co.uk/newsround/29176112

Trapped in amber for 30 million years!
http://news.discovery.com/animals/first-ever-salamander-in-amber-found-in-caribbean-150817.htm

Earth's first flower appeared aside dinosaurs?
http://www.cnet.com/au/news/is-this-the-first-flower-that-ever-bloomed/

Aurora from space:
http://www.bbc.co.uk/newsround/33952320

Meet Saturn's moon, Dione:
http://www.space.com/30264-cassini-final-flyby-saturn-moon-dione.html


Today's economic calendar:
7:00 MBA Mortgage Applications
8:30 Consumer Price Index
10:30 EIA Petroleum Inventories
2:00 PM FOMC minutes


Notable earnings after today's close: IMMU, NTAP, ONTX, PLKI

And tomorrow before the open: MSG, RENN, SHLD

Go Back