Now taking Goalio membership applications!

Mortgage blues? Try the supreme All Mortgage Calculator!

Apple Today - 3/04/2016 OPEX (AAPL)

seymour_greenz • March 4th 2016 10:55:46 AM

Good Morning,

NASDAQ Futures are up 20 with +16 Fair Value, S&P Futures are up 7 with +5 Fair Value and Dow Futures are up 56 on this first OPEX Friday of March as the awaited jobs report rolls in. Futures were undecided early this morning and turned positive after 6am and catapulted up after the jobs numbers were released at 8:30am.

Asian markets closed up today. China gained 0.5%, Hong Kong added 1.18% and Japan ended up 0.32%. European markets are rallying today. The UK is currently up 1.08%, Germany is up 1.37% and France is up 0.76%.

Commodities are mostly up this morning. Oil is up 1.07%, natural gas is down 1.34% and gold is up 0.2%. Unleaded gas is up 0.63% and heating oil is up 1.01%. Metals are up. Meat is mixed. Cocoa, coffee, cotton, corn, wheat and soybeans are all up.

US economy adds 242,000 jobs, unemployment at 4.9%. Mortgage rates move higher.

Ambarella (AMBA) reported earnings yesterday afternoon and is down 8% on lower than expected guidance. H&R Block Inc. (HRB) also announced earnings yesterday with a larger than expected loss and is down over 11%.

This afternoon after the bell, look for a rare Friday afternoon earnings report from Roka Bioscience (ROKA).

AAPL continued on its masterpiece run yesterday, ending in shades of green and up 0.74%. AAPL opened down at 100.59 on moderately high volume and soon launched up above 101 on moderate volume, peaking at 101.71 at 10:07am on moderate volume. During the afternoon AAPL dipped below 101 where it remained for a couple of hours on low volume until it made a break for 101 again toward the upper-100 area after 1:30pm on moderate volume. AAPL continued painting green lines for the rest of the afternoon, regaining the mid-101 area as 3pm arrived. After nearing the day's high at 3:36pm on relatively light volume, AAPL dipped slightly to close intra-day up 75 cents at an even 101.5. AAPL continued on in after-hours and gained an additional 35 to end at 101.85.

This morning in pre-market, AAPL picked up from yesterday's intra-day close and broke 102 before the jobs report, then sold off before the report and rallied as high as 102.49 after the report. AAPL is currently up 52 cents at 102.02 as we approach the open.


Classic max-pain is 98. Today is OPEX. Have a good weekend with your friends and family.


US economy adds 242,000 jobs, unemployment at 4.9%:
http://www.nytimes.com/2016/03/05/business/economy/jobs-report-unemployment-wages.html

Mortgage rates move higher on positive economic news:
https://www.washingtonpost.com/news/where-we-live/wp/2016/03/03/mortgage-rates-move-higher-on-positive-economic-news/

Fed and the markets on March 15-16 meeting:
http://www.bloomberg.com/news/articles/2016-03-03/fed-and-the-markets-breaking-up-to-making-up-on-rate-outlook

Goldman and Bank of America to cut over 5% of fixed-income traders:
http://www.bloomberg.com/news/articles/2016-03-04/goldman-bofa-dismiss-traders-after-getting-taste-of-16-markets

Tech unites behind Apple:
http://www.reuters.com/article/apple-encryption-google-facebook-idUSKCN0W527Y

Apple patents magnetically detachable wireless earbuds for iPhone:
http://appleinsider.com/articles/16/03/01/apple-patents-magnetically-detachable-wireless-earbuds-for-iphone

Need Apple help? Seek Twitter:
http://www.cnet.com/au/news/apple-customer-support-will-now-help-you-via-twitter/

Google's new face payment lets you buy stuff like stuff to stuff your face with your face:
http://www.pcworld.com/article/3040572/mobile/googles-new-hands-free-payment-app-lets-you-buy-stuff-with-your-face.html

Alphabet tops Fortune's list of 100 best companies to work for in the US:
http://www.techtimes.com/articles/138568/20160304/google-alphabet-tops-fortunes-list-of-100-best-companies-to-work-for-in-the-us.htm

Amazon quietly disabled encryption:
http://www.theverge.com/2016/3/3/11157752/amazon-fire-os-encryption-removed-upgrade

Here's why Epic's CEO is against UWP:
http://arstechnica.com/gaming/2016/03/tim-sweeney-to-microsoft-universal-windows-platform-can-should-must-and-will-die/

Facebook accounting change could cost millions:
http://www.nytimes.com/2016/03/05/technology/facebook-tax-britain.html

Instagram blocks profile links to Snapchat and Telegram:
http://www.pcmag.com/article2/0,2817,2500307,00.asp

Oculus founder slams Apple, ouch!
http://www.cnet.com/news/oculus-rift-will-get-mac-support-if-apple-ever-releases-a-good-computer-founder-says/

Amazon Echo family grows with Dot and Tap:
http://www.techtimes.com/articles/138516/20160304/amazon-outs-echo-dot-and-amazon-tap-how-are-they-different-from-amazon-echo.htm

The new fast casual king:
http://money.cnn.com/2016/03/03/investing/chipotle-e-coli-panera-fast-casual/

Nook pulls out of UK:
http://www.bbc.co.uk/news/technology-35724722

BlackBerry Priv arrives to Verizon Wireless:
http://www.zdnet.com/article/blackberry-priv-finally-makes-its-way-to-verizon-wireless/

Snapchat raises $175 million:
http://www.reuters.com/article/us-snapchat-fidelity-funds-idUSKCN0W604K

Not what I expected, but could it be great?
http://www.zdnet.com/article/six-flags-partners-with-samsung-for-virtual-reality-coaster-rides/

Business bank accounts vulnerable to hacking:
https://www.washingtonpost.com/national/hacked-business-bank-accounts-vulnerable-to-cybercriminals/2016/03/03/e010f490-e152-11e5-8c00-8aa03741dced_story.html

Social Security tips:
http://www.nasdaq.com/article/social-security-clinic-have-your-clients-claimed-back-benefits-cm587220

A long time ago in a galaxy far far away has been found:
http://www.forbes.com/sites/startswithabang/2016/03/03/hubble-shatters-the-cosmic-distance-record-most-distant-galaxy-a-shocker/#5ea21708187d

Mars had huge volcanoes:
http://www.cnn.com/2016/03/03/world/volcanoes-mars-irpt/

SpaceX will try again today:
http://www.space.com/32155-spacex-satellite-launch-rocket-landing-attempt-webcast.html

Is the field of psychology in need of therapy?
http://www.wired.com/2016/03/psychology-crisis-whether-crisis/

The end of encryption?
http://www.csmonitor.com/Science/2016/0304/Will-quantum-computing-kick-off-an-encryption-revolution

New artificial skin has tricks up its sleeve:
http://www.csmonitor.com/Science/2016/0303/This-new-artificial-skin-can-glow-stretch-and-walk

See beetles "waterski":
http://www.csmonitor.com/Science/2016/0303/These-beetles-waterski-scientists-say.-How-do-they-do-it

Sounds from the deep:
http://www.cnet.com/news/hear-an-earthquake-from-deep-in-the-oceans-mariana-trench/

Robot roaches can fit into small spaces:
http://www.scientificamerican.com/video/robotic-roaches-can-squeeze-into-small-spaces/

Breakthrough in cancer research:
http://www.cnn.com/2016/03/04/health/cancer-treatment-research-breakthrough/

Evidence accumulating for link between Zika and neurological disorders:
http://www.reuters.com/article/us-health-zika-who-idUSKCN0W618T

Aspirin use may cut colon cancer risk:
http://www.techtimes.com/articles/138493/20160304/prolonged-aspirin-use-may-slash-colon-cancer-risk.htm

Join IBM's sleep study on iOS:
http://www.pcmag.com/article2/0,2817,2500282,00.asp

Insane.
http://www.telegraph.co.uk/news/newstopics/howaboutthat/12183566/Pre-peeled-oranges-from-Whole-Foods-spark-major-Twitter-backlash.html


Today's Economic Calendar:
8:30 Non-farm payrolls
8:30 International Trade
10:45 Fed's Kaplan: Monetary Policy
1:00 PM Baker-Hughes Rig Count


Notable earnings after today's close: ROKA

And on Monday before the open: GEF, LMOS, SSL, TGONF, TTCNF

Go Back