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Apple Today - 2/16/2016 (AAPL)

seymour_greenz • February 16th 2016 10:37:01 AM

Good Morning,

Welcome back! NASDAQ Futures are up 64 with +53 Fair Value, S&P Futures are up 23 with +20 Fair Value and Dow Futures are up 182 as we kick off week 3 of February. Futures are booming but have been drifting off their highs from midnight.

Asian markets closed up strong today with China in the lead, gaining 3.29%, Hong Kong up 1.08% and Japan up 0.2%. European markets are mixed today. The UK is currently up 0.53%, Germany is down 0.59% and France is up 0.15%.

Commodities are mixed this morning. Oil is up a staggering 9.55%, natural gas is down 2.59% and gold is down 2.15%. Unleaded gas is down 1.9% and heating oil is up 0.11%. Metals are down except copper. Meat is mixed. Coffee, cotton, corn, wheat and soybeans are up while cocoa is down.

Saudis and Russia agree to oil output freeze, while Iran does not.

This afternoon after the bell look out for earnings from Agilent Technologies Inc. (A), Acadia Healthcare Co. (ACHC), The Cheesecake Factory Incorporated (CAKE), Devon Energy Corporation (DVN), Express Scripts, Inc. (ESRX), Fossil, Inc. (FOSL), Potbelly Corporation (PBPB), Rackspace Hosting, Inc. (RAX) and Zendesk, Inc. (ZEN).

Tomorrow before the bell, Analog Devices Inc. (ADI), Bloomin' Brands (BLMN), Dr Pepper Snapple Group, Inc. (DPS), Garmin Ltd. (GRMN), Medgenics (MDGN), MannKind Corporation (MNKD), Priceline Group Inc. (PCLN) and T-Mobile US, Inc. (TMUS) are expected to report.

AAPL put on a show, poking up at 96 and down at 93 but didn't really go anywhere in the end, ending the week nearly exactly where it started, down just 0.03%. AAPL opened the week near 94 and spent Monday in that area with a lift into 95 at the end of the day which carried into solid 95 and reaching for 96 on Tuesday. Wednesday, after looking like 97 was on the table, AAPL dunked back down to 94 and pre-market on Thursday threatened for AAPL to lose a couple more points in the 92-area. Fortunately, AAPL recovered nearly 94 before the open and spent the rest of the day well above the pre-market low, but did briefly test mid-92 area before recovering 93. On Friday, AAPL opened at 94.26 to moderate volume, reaching a high of 94.5 and then quickly turned red. AAPL hit a low of 93.01 on moderate volume within an hour. AAPL turned green again after 11 am, then dipped back down to the mid-93 area in early afternoon. AAPL bounced back in late afternoon trading ending the day up 29 cents at 93.99. AAPL dropped 16 cents in after-hours to 93.83.

This morning in pre-market, AAPL opened up above 96 in conjunction with Futures, hitting a pre-market high of 96.73 at 4am then drifting towards 95.5 later in the morning and then into the lower-95 area towards the open. AAPL is currently up 1.21 cents at 95.2 as we approach the open.


Classic max-pain is 102.


Saudis and Russia agree to oil output freeze, while Iran does not:
http://in.reuters.com/article/oil-meeting-idINKCN0VP01M

Euro and yen see gains:
http://www.reuters.com/article/us-global-forex-idUSKCN0VN12Z

Are BOJ negative rates already a failure?
http://www.reuters.com/article/japan-economy-boj-idUSKCN0VP08T

Watch Warren on Yahoo:
http://www.usatoday.com/story/tech/news/2016/02/16/yahoo-stream-berkshire-hathaway-shareholder-meeting/80443276/

Apple Pay goes live in China on February 18th:
http://fortune.com/2016/02/16/apple-pay-china-live/

4-inch iPhone rumors plus more:
http://www.inquisitr.com/2800574/4-inch-iphone-5se-rumors-iphone-7-developments-and-why-apple-is-moving-back-to-smaller-iphone-screens/

Apple's iPhone 7 could face delays as sole chip supplier TSMC suffers earthquake damage:
http://www.techtimes.com/articles/133794/20160216/apples-iphone-7-could-face-delays-as-sole-chip-supplier-tsmc-suffers-earthquake-damage.htm

Apple adds 2nd iPhone supplier to ensure smooth launch:
http://www.macrumors.com/2016/02/16/iphone-5se-ensure-smooth-launch/

Don't do this:
http://www.popsci.com/heres-how-to-brick-almost-any-iphone

Google's "Loon" hits Sri Lanka:
http://www.zdnet.com/article/googles-project-loon-now-its-internet-beaming-balloon-tests-take-off-in-sri-lanka/

The return of Krispy Kreme:
http://time.com/4225439/krispy-kreme-dunkin-donuts-new-england/

Thousands without power due in part to cheap, metallic balloons:
http://www.latimes.com/local/lanow/la-me-ln-blame-the-balloons-thousands-without-power-20160215-story.html

Water-resistant Galaxy S7 Edge:
http://www.computerworld.com/article/3032747/mobile-wireless/water-resistant-galaxy-s7-edge-makes-unofficial-debut.html

LG takes a 2nd shot at the stylus:
http://www.cnet.com/uk/products/lg-stylus-2/

Mattel ThingMaker lets kids make their own toys with 3D printing:
http://www.zdnet.com/article/3d-printing-nears-inflection-point-mattel-thingmaker-may-make-it-mainstream/

Mini-Tesla:
http://time.com/4225473/tesla-model-s-kids-car/

Hackers hold Hollywood hospital’s computer system hostage for $3.6 million:
http://www.techtimes.com/articles/133874/20160216/hackers-hold-hollywood-hospital-s-computer-system-hostage-demand-3-6-million-as-patients-transferred.htm

You're carrying an earthquake dector:
http://www.bloomberg.com/news/articles/2016-02-15/your-smartphone-can-now-detect-earthquakes-and-help-you-survive

Prehistoric coffee ancestor found in amber:
http://news.discovery.com/earth/plants/prehistoric-coffee-ancestor-found-in-amber-160216.htm

Giant flightless bird once roamed the Arctic:
http://news.discovery.com/animals/giant-flightless-bird-once-roamed-the-arctic-160216.htm

Fresh water crisis affects 4 billion people:
http://www.csmonitor.com/Science/2016/0213/Fresh-water-crisis-Four-billion-people-face-water-scarcity-says-study

A wasp's life:
http://www.csmonitor.com/Science/2016/0213/A-bug-s-eye-view-How-do-wasps-find-their-way-back-home

Is Russia convering intercontinental ballistic missiles into asteroid destroyers?
http://www.techtimes.com/articles/133605/20160215/russia-to-convert-intercontinental-ballistic-missiles-into-asteroid-destroyers.htm

Do robots have their beady eye-cams on your job?
http://fortune.com/2016/02/15/robots-artificial-intelligence-work/

More on the monumental gravitational wave discovery:
http://www.csmonitor.com/Science/2016/0215/No-longer-blind-Why-that-gravitational-wave-discovery-is-so-heavy

A hiker's map of Mars:
http://www.bbc.com/news/technology-35579849

It's all out war with genes, bugs and radiation against Zika:
http://www.reuters.com/article/us-health-zika-idUSKCN0VP15D

New cancer treatment brings promising excitement:
http://www.bbc.com/news/health-35586834

3D printing muscle, tissue and bones is now real:
http://qz.com/616185/this-3d-printer-creates-human-muscles-and-tissues-that-could-actually-replace-real-ones/

Heart attacks in women just as frequent but even more deadly:
http://www.norwichbulletin.com/article/20160215/ENTERTAINMENTLIFE/160219761

What's going on in Connecticut?
http://www.courant.com/health/hc-new-london-heroin-panel-0216-20160215-story.html

Too much fish during pregancy could up obesity risk for kids:
http://www.reuters.com/article/us-health-pregnancy-fish-diet-idUSKCN0VO226

More reason for bug spray:
http://medicalxpress.com/news/2016-02-dengue-fever.html


Today's Economic Calendar:
8:30 Empire State Mfg Survey
9:00 Fed's Harker speech
10:00 NAHB Housing Market Index
10:30 Fed's Kashkari speech
4:00 PM Treasury International Capital
7:30 PM Fed's Rosengren: Economic Outlook


Notable earnings this morning: ARKR, BASI, CPAC, CSPI, DHXMF, EMRAF, FANG, FOEAF, GGAL, GPC, GROW, IPHYF, LIVE, SIR, TPCS

After today's close: RLGT, *A*, AAT, *ACHC*, BXMT, BYD, CAI, *CAKE*, CDPYF, CERN, CLLDF, CMXHF, CSFFF, CSV, CVA, CYTK, DAC, DIOD, *DVN*, DYNT, EFC, ESNC, *ESRX*, EXAC, FALC, FE, *FOSL*, FSP, FTI, FULL, GNMSF, HLIT, HR, HSTM, HT, IMPR, INPCF, IOSP, KALU, KOOL, LTRX, MEP, MXWL, NAME, NBR, NOA, NP, PALAF, *PBPB*, PSA, PSB, *RAX*, RPAI, RSSS, RUSMF, SAAS, SRHBF, SSNI, TTOO, VDSI, VNO, WRI, WTS, XEC, *ZEN*, ZIXI

And tomorrow before the open: AKKVF, ADHD, *ADI*, AIMC, AMAG, AMRI, ATHM, ATRO, BDRBF, BDRFF, *BLMN*, BRDCY, CLMT, CNNX, CYRN, DLNG, *DPS*, DX, EEP, EIG, ENBL, ENLC, ENLK, ENZY, EROS, ETRM, FOR, FUN, GCI, GEO, GILT, *GRMN*, HLNFF, HST, HTS, LPI, MDCO, *MDGN*, MGIC, MNHVF, *MNKD*, NBL, NHLD, NHYDY, *PCLN*, PES, RDCM, SCOR, SPNS, SSE, TEX, *TMUS*, VIP, WCIC

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