Apple Today - 08/21/2015 OPEX (AAPL)
seymour_greenz • August 21st 2015 09:25:35 AM
Good Morning,
What a week. NASDAQ Futures are again down 22 with -38 Fair Value (rare to see it so far apart), Dow Futures are down 78 on yet another China slide of over 4% this time. Futures have been increasingly worsening as we draw closer to the open. Oil still near hovering around 40 dollars per barrel. Hewlett-Packard (HP) reported last night and is currently down nearly 2% on missing expectations and falling profits. John Deere (DE) and Foot Locker (FL) reported this morning, DE is down nearly 5% while the FL is up under 1%. There is rising tension between North and South Korea. The Dow fell below 17,000 and the S&P is now negative for the year. Twitter (TWTR) breaks its IPO price. U.S. manufacturing data is expected later this morning.
Yesterday, AAPL dropped 2% on probably what was the worst days of the year for stocks. After a brief attempt to rise after the open and hitting a high of 114.31 at 9:42am, AAPL saw a min-crash straight down to 111.82 at 10:26am on relatively high volume. After a small bounce AAPL reached 112.82 on moderate volume a half hour later before dropping to a new intra-day low of 111.77 at 11:34am on moderately high volume. AAPL spent the rest of the day slowly inching back up to 113 where it topped out at 113.2 at 3:36pm before closing the intra-day session at 112.65. After-hours dropped further and ended at 112.31.
This morning in pre-market, AAPL opened up at lowering conjunction with Futures at 111.91 on huge volume, made an attempt at 112 on moderately low volume, peaking at 112.06 at 5:46am on 190 shares. Since, AAPL has precipitously slid downwards with a failed moderate-volume attempt to hold on to the mid-111 area and eventually breaking into the 110s. AAPL is currently down a stunning 2.10 cents at 110.55.
Classic max-pain is now 117. Today is OPEX.
Global sell-off continues:
http://www.nytimes.com/2015/08/22/business/dealbook/global-markets-fall-for-second-day.html
PMI fuels fears:
http://www.reuters.com/article/2015/08/21/us-markets-stocks-usa-idUSKCN0QQ15Y20150821
One bad week for China:
http://fortune.com/2015/08/21/china-stocks-worst-week-june-markets-asia/
Trouble in Korea:
http://in.reuters.com/article/2015/08/21/northkorea-southkorea-border-idINKCN0QQ08B20150821
HP misses:
http://www.nytimes.com/2015/08/21/technology/hp-earnings-q3.html?_r=0
iPad Pro coming:
http://www.ibtimes.com/meet-129-inch-ipad-pro-apple-incs-big-bet-future-tablets-2062034
Tesla partners with Airbnb:
http://www.technewstoday.com/25738-tesla-motors-inc-join-hands-with-airbnb-to-make-life-easier-for-model-s-own/
Tesla autopilot:
http://www.ibnlive.com/news/auto/tesla-will-soon-enable-autopilot-mode-offer-alternative-charging-method-1049374.html
Skydiving spiders, no parachute required:
http://news.berkeley.edu/2015/08/18/biologists-discover-skydiving-spiders-in-south-american-forests/
See Pluto in 16 seconds:
http://www.huffingtonpost.com/entry/relive-the-pluto-flyby-with-this-stunning-16-second-animation_55d604dbe4b055a6dab33e1a
Neutrinos confirmed:
http://www.popsci.com/antarctic-observatory-did-detect-cosmic-neutrinos-after-all
Today's Economic Calendar
9:45 PMI Manufacturing Index Flash
Notable earnings on Monday before the open: MOBI