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Apple Today - 1/28/2016 (AAPL)

seymour_greenz • January 28th 2016 10:28:06 AM

Good Morning,

NASDAQ Futures are up 23 with +30 Fair Value, Dow Futures are up 3 on a busy Thursday filled with the Fed, economic data and earnings. Futures hit a peak early this morning around 3am and have been declining as we approach the open.

Asian markets closed mostly down today. China dropped 2.92%, Japan lost 0.71% and Hong Kong gained 0.73%. European markets are down today. The UK is currently down 0.85%, Germany is down 1.78% and France is down 0.97%.

Commodities are mixed this morning. Oil is up 1.83%, natural gas is down 1.81% and gold is up 0.27%. Unleaded gas is up 3.84% and heating oil is up 1.84%. Metals are down, except gold. Meat is up. Cocoa is up while coffee, cotton, corn, soybeans and wheat are down.

Jobless claims fall more than expected after holidays, while orders for US business equipment drop by most in 10 months.

Facebook (FB) is up over 14% after reporting strong Q4 earnings yesterday afternoon. On the other hand, eBay (EBAY) is down nearly 12% on flat revenue and a disappointing outlook. SanDisk Corporation (SNDK) is up nearly 3% in pre-market on Q4 earnings and revenue beats. Alibaba (BABA) reported a well received 100% increase in profit this morning and the stock is currently up over 4% in pre-market.

This afternoon after the bell, look for earnings from Amgen (AMGN), Amazon.com (AMZN), Electronic Arts (EA), Microsoft (MSFT), NetSuite (N), Skyworks Solutions (SWKS), Visa (V) and Western Digital (WDC).

Tomorrow before the open, American Airlines (AAL), Colgate-Palmolive (CL), Chevron (CVX), Honeywell International (HON), MasterCard (MA), Sony (SNE), Seagate Technology (STX) and Xerox (XRX) are expected to report.

The day after reporting record earnings of $18.4 billion, AAPL dropped 6.57%. AAPL opened the day down at 96.03 on incredible volume and quickly dropped towards 94 on high volume, bouncing at 11:26am to recover 96 at 12:16pm, briefly matching the opening price, also on high volume. AAPL slipped back from 96 and the rest of the day AAPL declined harshly into the close on moderately high volume. AAPL ended the day down 6.57 at 93.42. AAPL gained 44 cents in after-hours to close at 93.86.

This morning in pre-market, AAPL opened up higher at 94.7 in conjunction with Futures and drifted back down to 94 on relatively high volume, bouncing at 93.42 at 8:55am on high volume back towards 94. AAPL is currently up 53 cents at 93.97 as we approach the open.


Classic max-pain is 97.


Asian shares mixed on cautious Fed outlook:
http://www.bbc.com/news/business-35425987

Jobless claims fall more than expected after holidays:
http://www.bloomberg.com/news/articles/2016-01-28/jobless-claims-in-u-s-decreased-to-278-000-last-week

Orders for US business equipment drop by most in 10 months:
http://www.bloomberg.com/news/articles/2016-01-28/orders-for-u-s-business-equipment-decreased-4-3-in-december

Alibaba profit doubled in latest quarter:
http://www.nytimes.com/2016/01/29/business/alibaba-quarterly-earnings.html

6th ex-broker cleared in London Libor trial:
http://www.nytimes.com/2016/01/29/business/dealbook/sixth-ex-broker-cleared-in-london-libor-trial.html

Facebook shares jump:
http://www.reuters.com/article/us-facebook-results-research-idUSKCN0V61F5

JetBlue takes off?
http://www.usatoday.com/story/money/2016/01/28/jet-blue-airways-fourth-quarter-earnings/79449514/

Riding high on the HOG:
http://www.reuters.com/article/harley-davidson-results-idUSL3N15C4QT

Apple shares fall most in two years in wake of earnings report:
http://in.reuters.com/article/apple-results-research-idINKCN0V60F4

Will iPad Air 3 Will Have 4K Display and Up to 4GB RAM?
http://www.macrumors.com/2016/01/28/ipad-air-3-4k-display-4gb-ram-larger-battery/

iPhone 5SE vs Galaxy S7:
http://www.forbes.com/sites/ewanspence/2016/01/28/apple-iphone-5se-vs-samsung-galaxy-s7/#66cefef95c71

Google’s new head of VR on what's next:
http://time.com/4193755/google-cardboard-virtual-reality-clay-bavor-vr/

Google Android machine learning?
http://www.zdnet.com/article/google-android-machine-learning-movidius-deal-aims-to-give-smartphones-real-time-facial-recognition/

Google artificial intelligence algorithm sets milestone:
http://www.newsweek.com/google-beats-facebook-ai-board-game-breakthrough-420469

Facebook's new Reactions:
http://www.bbc.com/news/technology-35429042

Facebook, making more money off you than ever:
http://www.hartfordbusiness.com/article/20160127/NEWS02/301279891

F.C.C. proposes changes in cable set-top box market:
http://www.nytimes.com/2016/01/28/technology/fcc-proposes-changes-in-set-top-box-market.html

Aereo founder aims wireless broadband service at cord-cutters:
http://www.bloomberg.com/news/articles/2016-01-27/aereo-founder-starts-wireless-broadband-service

Death Wish coffee wins a Super Bowl commercial:
https://www.washingtonpost.com/business/a-coffee-named-death-wish-wins-a-super-bowl-commercial/2016/01/28/c5fa3a2e-c5c5-11e5-b933-31c93021392a_story.html

Back to the future:
http://www.usatoday.com/story/money/cars/2016/01/28/delorean-sports-cars-going-back-into-production/79446300/

Oracle's killing the Java browser plug-in:
http://www.pcworld.com/article/3027473/security/oracle-is-planning-to-kill-an-attackers-favorite-the-java-browser-plug-in.html

Israel's electricity authority duped by ransomware:
http://www.pcmag.com/article2/0,2817,2498535,00.asp

A GIF search engine:
http://www.bloomberg.com/news/articles/2016-01-28/how-two-guys-built-the-ultimate-gif-search-engine

An electric NASCAR could change the planet:
http://www.digitaltrends.com/cars/bill-nye-wants-nascar-to-switch-to-electric-vehicles/

Newborn stars adopt gas from their parents:
http://www.csmonitor.com/Science/2016/0128/Newborn-stars-adopt-gas-from-their-parent-galaxies-say-astronomers

Meet a little, clean neighbor galaxy:
http://www.csmonitor.com/Science/2016/0127/Why-scientists-are-calling-this-dwarf-galaxy-a-clean-freak

Planet #9:
http://www.space.com/31746-planet-nine-prediction-nasa-caution.html

Meet the leopard cat from 5,000 years ago:
http://voices.nationalgeographic.com/2016/01/26/earliest-cat-domesticated-in-china-was-the-leopard-cat-scientists-say/

Obvious?
http://blogs.scientificamerican.com/observations/animals-with-big-brains-are-better-at-problem-solving-video/

Zika virus "spreading explosively" in Americas:
http://www.usatoday.com/story/news/2016/01/28/who-convene-emergency-meeting-zika-virus-threat/79450110/

Schizophrenia may be linked to genetic flaw:
http://news.discovery.com/human/genetics/schizophrenia-may-be-linked-to-gene-flaw-160128.htm

Young women with melanoma and indoor tanning:
http://www.medpagetoday.com/HematologyOncology/SkinCancer/55884

Dewshine is dangerous:
http://www.cnn.com/2016/01/27/health/tennessee-teenagers-die-dewshine/

Soy may counter BPA effects in IVF:
http://www.webmd.com/infertility-and-reproduction/news/20160127/soy-may-counter-effects-of-bpa-in-women-undergoing-fertility-treatments


Today's Economic Calendar:
8:30 Durable Goods
8:30 Initial Jobless Claims
9:45 Bloomberg Consumer Comfort Index
10:00 Pending Home Sales
10:30 EIA Natural Gas Inventory
11:00 Kansas City Fed Mfg Survey
1:00 PM Results of $29B, 7-Year Note Auction
4:30 PM Money Supply
4:30 PM Fed Balance Sheet


Notable earnings after today's close: ABAX, ALGN, AMCC, *AMGN*, *AMZN*, ARAY, AZPN, BCR, COBZ, COHR, CPT, *EA*, ENS, EPAY, EXP, FICO, FII, FLEX, FTNT, GBCI, GFF, GIMO, GSB, GSIT, ISBC, JBSS, KLAC, KTEC, LSTR, MATW, *MSFT*, MTW, *N*, NATI, NBHC, NGVC, PCCC, PFPT, QLGC, QSII, QTM, QUAN, RGA, RM, SBCF, SHOR, SIMO, SMCI, *SWKS*, SYNA, TMST, UIS, *V*, VR, *WDC*, WRK, WSFS

And tomorrow before the open: *AAL*, ABBV, ALV, AOS, APD, ASX, BSMX, *CL*, CNHI, CNX, COB, CPLP, *CVX*, DCM, GHM, GNBC, *HON*, IDXX, IMGN, KCG, KT, LPG, *MA*, MOG.A, NS, NSH, NWL, PCAR, PEBO, PFS, PSX, PSXP, PX, SBSI, *SNE*, SPG, SPIL, *STX*, TLSNF, TUES, TYC, VDNRF, WHR, *XRX*

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