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Apple Today - 2/05/2016 OPEX (AAPL)

seymour_greenz • February 5th 2016 11:16:24 AM

Good Morning,

NASDAQ Futures are down 4 with -10 Fair Value, S&P Futures are down 2 with -3 Fair Value and Dow Futures are down 5 on this OPEX Friday after the anxiously anticipated jobs report. Futures were down last night but got a goose up at 4am lasting until about 6am declining into the jobs report release and beyond.

Asian markets closed mostly down today. China declined 0.63%, Hong Kong gained 0.55% and Japan lost 1.32%. European markets are mixed today. The UK is currently up 0.12%, Germany is down 0.62% and France is up 0.39%.

Commodities are mixed this morning. Oil is up 1.36%, natural gas is up +3.75% and gold is up 0.13%. Unleaded gas is down 0.08% and heating oil is up 0.30%. Metals are up except copper. Meat is mostly down. Cotton and soybeans while coffee, cocoa, corn and wheat are down

US economy added 151k jobs in January, unemployment falls to 4.9%, the lowest level in 8 years.

LinkedIn (LNKD) is down a stunning 35% this morning after reporting a decline in net income, increasing expenses and a lower than expected forecast for 2016. NETGEAR, Inc. (NTGR) is up in pre-market after reporting earnings and beating Q4 EPS by 17c, profit advances 20% in Q4, however guidance came in lower than expected. Lions Gate Entertainment Corp. (LGF) is down nearly 8% after reporting sharply lower earnings, blaming performance of "Mockingjay 2" and "Last Witch Hunter". AthenaHealth, Inc. (ATHN) is also down in pre-market after reporting a 21% decline in earnings for Q4.

Tyson Foods Inc. (TSN) is up nearly 7% after announcing an earnings beat this morning. The Estée Lauder Companies Inc. (EL) is flat after declaring a quarterly dividend of 0.30 per share.

This afternoon after the bell, look out for a rare Friday earnings report from Farmer Brothers Company (FARM).

On Monday before the bell, Diamond Offshore Drilling Inc. (DO), Hasbro, Inc. (HAS) and Loews Corporation (L) are expected to report.

AAPL had a snappy day on ex-div, closing up 0.26% for the day despite paying out 52 cents per share. AAPL opened down at 95.85 to moderate volume, dipped to 95.19 at 9:46am on moderate volume, bounced off the low to mid-95 and then at 10am rather quickly snapped up to green, hitting a high of 97.33 within the hour on average volume. AAPL sold off after 11am and once again dipped back to 95.5 on moderate volume before fighting back for the green mid-96 area towards the end of lunch hour on low volume and then struggling with 96 after lunch also on low volume. After 2pm, AAPL perked up a little, turned green and made a last minute attempt at the upper-96 area towards 97 in the last 30 minutes. AAPL ended ex-div day up 25 cents at 96.60. AAPL dropped 11 cents in after-hours ending at 96.49.

This morning in pre-market, AAPL opened up at 96.77 and hit a high of 97 at 7:32am and remained in the upper-96 area most of the morning until later in pre-market where AAPL dropped down to a low of 96.10 after the jobs report. AAPL has bounced back a bit since and is again in the mid-96 area. AAPL is currently down 15 cents at 96.45 as we approach the open.


Classic max-pain is 93. Have a good weekend with your friends and family.


US economy added 151k jobs in January, unemployment at 4.9%:
http://www.nytimes.com/2016/02/06/business/economy/jobs-report-unemployment-january-fed-interest-rates.html

US job growth slows:
http://in.reuters.com/article/us-usa-economy-idINKCN0VE0CF

German factory orders fall:
http://www.bloomberg.com/news/articles/2016-02-05/german-factory-orders-fall-as-export-slowdown-cools-confidence

LinkedIn stock plummets:
http://www.cnet.com/news/linkedin-stock-plummets-28-percent-on-weak-guidance/

Estee Lauder raises 2016 sales forecast:
http://www.reuters.com/article/us-estee-lauder-results-idUSKCN0VE1B9

VW delays earnings:
http://www.nytimes.com/2016/02/06/business/international/volkswagen-earnings-emissions.html

Health care signups exceed expectations:
http://www.nytimes.com/2016/02/05/us/politics/latest-obamacare-sign-ups-exceed-expectations.html

Hasbro and Mattel may merge?
http://www.bloomberg.com/gadfly/articles/2016-02-04/mattel-and-hasbro-merger-possibilities

Burberry selling straight from the catwalk:
http://www.telegraph.co.uk/fashion/brands/burberry-announces-plan-to-sell-collection-straight-from-the-cat/

Airline strike strands some passengers:
http://www.bloomberg.com/news/articles/2016-02-05/world-s-most-overstaffed-airline-finds-some-stranded-passengers

Symantec has $5 billion ready for acquisitions:
http://www.forbes.com/sites/stevemorgan/2016/02/05/who-is-symantec-going-to-acquire-with-their-5-billion-in-cash/#7fc0b22e5c91

Tim Cook talks iPhone growth and teases products during meeting:
http://bgr.com/2016/02/05/new-apple-products-iphone-growth-tim-cook-town-hall/

Apple Music library, new releases, audiobooks, and more:
http://www.macworld.com/article/3030137/software/ask-the-itunes-guy-apple-music-library-new-releases-audiobooks-and-more.html

What is iPhone 6 "Error 53"?
http://www.forbes.com/sites/jaymcgregor/2016/02/05/iphone-6-killing-error-53-highlights-big-ios-9-problem/#2ee3a586284a

Google's Safe Browsing targets fake download buttons:
http://www.pcmag.com/article2/0,2817,2498894,00.asp

Instagram tests account switching on iOS:
http://www.pcmag.com/article2/0,2817,2498912,00.asp

Is a real Twitter GIF button coming?
http://www.techtimes.com/articles/130680/20160205/will-twitter-introduce-a-dedicated-gif-button-on-mobile-soon.htm

Nintendo puts its sleep-tracking gadget to sleep:
http://www.wired.com/2016/02/nintendo-qol-sleep-tracker/

It's LG vs Samsung on Feb 21:
http://www.ibtimes.com/lg-g5-expected-take-samsung-galaxy-s7-both-smartphones-likely-launch-feb-21-2293618

WhatsApp, Gmail hit billion-users each:
http://www.skynews.com.au/business/tech/2016/02/05/whatsapp--gmail-join-billion-user-club.html

IBM, Microsoft announce new cloud data services, features:
http://www.zdnet.com/article/ibm-microsoft-announce-new-cloud-data-services-features/

RIP Firefox OS:
http://www.pcmag.com/article2/0,2817,2498910,00.asp

Will robots rise up?
http://www.pcmag.com/article2/0,2817,2498688,00.asp

5 million vehicles worldwide may have faulty air bags:
http://www.reuters.com/article/us-autos-continental-idUSKCN0VD1N7

The return of Doom:
http://www.techtimes.com/articles/131051/20160205/doom-dropping-on-pc-and-consoles-may-13-gameplay-mods-beta-system-requirements-and-everything-else-we-know-so-far.htm

More on the great fusion experiment:
http://www.popsci.com/german-experiment-takes-tentative-steps-towards-fusion-reactor

Spread of bee disease "largely man-made":
http://www.bbc.com/news/science-environment-35484763

New "Johnny Cash" spider found:
https://www.washingtonpost.com/news/speaking-of-science/wp/2016/02/05/new-species-of-tarantula-found-near-folsom-prison-named-for-johnny-cash/

Extinct wildebeest relative remarkably dinosaur-like :
http://www.csmonitor.com/Science/2016/0205/Shared-noses-Extinct-wildebeest-relative-was-remarkably-dinosaur-like

New NASA spacecraft to be propelled by light:
http://news.nationalgeographic.com/2016/02/160202-solar-sail-space-nasa-exploration/

Pluto's mysterious floating hills mesmerize scientists:
http://abcnews.go.com/Technology/plutos-mysterious-floating-hills-mesmerize-scientists/story?id=36734599

The mystery of Saturn's rings:
http://www.csmonitor.com/Science/2016/0204/Saturn-s-ring-mystery-Why-are-opacity-and-density-a-mismatch

Flash drive overboard!
http://www.csmonitor.com/Science/2016/0203/Why-did-cosmonauts-chuck-a-flash-drive-over-the-ISS

Inside Rosetta:
http://www.techtimes.com/articles/130871/20160205/rosettas-comet-devoid-of-caves-new-observations-reveal.htm

ADHD in shapes possibility of adult obesity:
http://www.techtimes.com/articles/130905/20160205/adhd-in-girls-shapes-possibility-of-adult-obesity-study.htm

Growing support among experts to delay pregnancy due to Zika:
http://www.nytimes.com/2016/02/09/health/zika-virus-women-pregnancy.html

Gates Foundation on Zika:
http://time.com/4209209/gates-foundation-zika-mosquitoes/

Olympics, Brazil and Zika:
http://in.reuters.com/article/health-zika-olympics-newzealand-idINKCN0VD2YE

Super Bowl and the Flu go together:
http://www.huffingtonpost.com/annie-negrin-md/super-bowl-and-the-flu-go_b_9167206.html

Parenting Tips for the CDC:
http://time.com/4208513/parenting-tips-for-the-cdc/


Today's Economic Calendar:
8:30 Non-farm payrolls
8:30 International Trade
1:00 PM Baker-Hughes Rig Count
3:00 PM Consumer Credit


Notable earnings after today's close: *FARM*

And on Monday before the open: BWP, CNA, *DO*, *HAS*, *L*, NAT

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