Apple Today 08/26/2015 (AAPL)
seymour_greenz • August 26th 2015 09:25:09 AM
Good Morning,
2nd time's a charm? NASDAQ Futures are up 103 with +117 Fair Value, Dow Futures are up 334. The early but cheerful picture is seemingly in defiance of China's recovery reversal, ending up with a selloff and in the red. Durable goods rose 2% in July.
Yesterday, AAPL opened up higher, reaching a peak of 111.15 within the first moments of trading on over 5 million shares. AAPL quickly settled in the 108 area, rose a bit and hung out at 109 until 1pm where selling took hold and AAPL was pummeled back down to 103 on high volume by close with a brief pitstop at 107-108 around 2pm. AAPL continued to slide all during after-hours and closed the session out in the low 102s on high volume.
This morning in pre-market, AAPL opened up significantly higher again, immediately reclaiming 105 on relatively high volume in conjunction with Futures. AAPL has since been bouncing around the 106-107 area reaching a low of 105.5 at 8:01am and a high of 107.08 at 8:41am, both on relatively moderate volume. AAPL is currently up 2.66 at 106.4.
Classic max-pain is 110 again.
China gives up early gains:
http://in.reuters.com/article/2015/08/26/markets-hongkong-stocks-close-idINZZN2NJ70020150826
Durable goods up:
http://www.investing.com/news/economic-indicators/u.s.-durable-goods-orders-rise-2.0-in-july,-core-orders-up-0.6-357769
Home prices on the rise, ~5%...
http://www.pressexaminer.com/nationwide-home-prices-increase-4-5-percent-in-june/55318
...and mortgage apps edge up?
http://in.reuters.com/article/2015/08/26/usa-economy-mortgages-idINN9N0QD00A20150826
Will Apple's next iPhone make a big splash?
http://learnbonds.com/122804/apple-inc-aapl-just-leaked-some-blowout-plans-for-iphone-7/
Samsung swings again at Apple's crown:
http://www.techtimes.com/articles/79442/20150826/samsung-exec-shows-off-round-gear-s2-in-instagram-photo.htm
YouTube counters Twitch:
http://www.telegraph.co.uk/technology/google/11825358/YouTube-launches-video-game-streaming-service-to-challenge-Twitch.html
LG launches new 4k TVs:
http://www.forbes.com/sites/johnarcher/2015/08/26/lg-launches-four-new-4k-uhd-oled-tvs/
Amazon will get you drunk fast:
http://www.bbc.co.uk/newsbeat/article/34063223/amazon-trials-alcohol-delivery-in-seattle-for-prime-now-customers
New trackpad:
http://www.techtimes.com/articles/79391/20150826/the-sensel-morph-will-add-the-wow-to-how-you-interact-with-the-digital-world.htm
One burger to rule them all:
http://fortune.com/2015/08/26/burger-king-mcdonalds/
B-b-b-b-baaaad to the bacon!
http://fortune.com/2015/08/26/kraft-heinz-bacon-recall/
It's settled then. I found the socks:
http://www.bbc.com/news/science-environment-34062839
See Mt. Ceres:
http://time.com/4009701/ceres-mountain/
Daily aspirin may help prevent colon cancer:
http://www.natureworldreport.com/2015/08/colon-cancer-may-be-prevented-by-aspirin-daily/
Today's Economic Calendar:
7:00 MBA Mortgage Applications
8:30 Durable Goods
10:30 EIA Petroleum Inventories
11:30 Results of $13B, 2-Year FRN Auction
1:00 PM Results of $35B, 5-Year Note Auction
Notable earnings after today's close: AVGO, GES, WSM, WDAY
And tomorrow before the open: FLWS, DG, SJM, MIK, MOV, TIF