Apple Today - 08/25/2015 (AAPL)
seymour_greenz • August 25th 2015 09:28:32 AM
Good Morning,
Looking a "little better" today, NASDAQ Futures are up 161 with +128 Fair Value, Dow Futures are up 582. Oil rebounds. China stimulus "appears to be the catalyst".
Yesterday, AAPL opened up incredibly red and bottomed at an unbelievable 92 just moments later on incredibly high volume. It took AAPL just over 5 minutes to recover 100. Aside from another brief dip just below 100 at 9:54 AAPL remained in triple digits for the rest of the day, reaching an intra-day high in the mid-108s on high volume before slipping back to 101.5 just before 3:30pm. In the last half hour, AAPL made another run at green reaching 105.65 before closing the intra-day session at 103.12, down for the day but up over 10 points from the low.
This morning in pre-market, AAPL opened up significantly higher on relatively high volume in conjunction with Futures, right around yesterday's high of the day. AAPL pressed onwards continuing to gain until reaching a peak of 109.92 at 6:20am on moderately high volume. Since, AAPL has sold off and bottomed at 108 at 8:42 on more relatively high volume before bouncing back to mid-108. AAPL is currently up 6.07 at 109.19.
Classic max-pain is 110.
China cuts rates again:
http://www.reuters.com/article/2015/08/25/us-china-economy-interest-rate-idUSKCN0QU16K20150825
Rebound?
http://www.reuters.com/article/2015/08/25/us-markets-stocks-usa-idUSKCN0QU13F20150825
http://www.reuters.com/article/2015/08/25/us-markets-global-idUSKCN0QU01U20150825
Unprecedented?
http://fortune.com/2015/08/25/apple-cook-cramer-sec/
Sony drones on:
http://venturebeat.com/2015/08/25/sonys-enterprise-drone-due-2016-stock-surge-hints-at-optimism-for-turnaround/
Twitter blocks tweets:
http://www.bbc.com/news/technology-34051133
Facebook adds donate button:
http://www.financialexpress.com/article/industry/tech/facebook-integrates-donate-now-button-to-make-it-easier-to-help-non-profits/125388/
Microsoft releases a new app that turns smartphones into 3D scanners:
http://www.financialexpress.com/article/industry/tech/microsofts-new-app-turns-a-phones-camera-into-a-3d-scanner/125340/
Philips adds dimmer to Hue:
http://www.theverge.com/2015/8/25/9204523/philips-solves-hue-s-biggest-problem-with-new-dimmer-switch
MIT multi-material printer won't break the budget:
http://www.wired.com/2015/08/mits-3d-printing-breakthrough-uses-multiple-materials-cheap/
Spam-King pleads guilty:
http://lasvegas.cbslocal.com/2015/08/25/lv-man-admits-to-hacking-facebook/
Smoke on the water? Fire on the moon?
http://www.natureworldreport.com/2015/08/moons-birth-secrets-uncovered-as-scientists-discover-fire-fountains-there/
Will we "bee" solving this mystery?
http://www.bbc.com/news/world-australia-34048495
More on the autism-creativity connection:
http://www.washingtonpost.com/news/to-your-health/wp/2015/08/25/study-autism-creativity-and-divergent-thinking-may-go-hand-in-hand/
Beating cancer:
http://www.bbc.com/news/health-34041374
Today's Economic Calendar:
8:55 Redbook Chain Store Sales
9:00 FHFA House Price Index
9:00 S&P Case-Shiller Home Price Index
10:00 Consumer Confidence
10:00 State Street Investor Confidence Index
10:00 Richmond Fed Mfg.
10:00 New Home Sales
1:00 PM Results of $26B, 2-Year Note Auction
Notable earnings after today's close: GSM, LCI, SLH,
And tomorrow before the open: ANF, RY.TO