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Apple Today - 3/11/2016 OPEX (AAPL)

seymour_greenz • March 11th 2016 11:11:34 AM

Good Morning,

NASDAQ Futures are up 46 with +46 Fair Value, S&P Futures are up 18 with +17 Fair Value and Dow Futures are up 139 on this March OPEX still buzzing from the ECB policy announcement yesterday. Already green Futures gained steam until 6:30am where they began to settle slightly before the open.

Asian markets closed up today. China gained 0.2%, Japan rose 0.51% and Hong Kong led the advance, up 1.07%. European markets are rallying again on the ECB today. The UK is currently up 1.59%, France is up 3.11% and Germany is leading the advance, up 3.13%.

Commodities are mixed this morning. Oil is up 2.35%, natural gas is up 2.07% and gold is down 0.61%. Unleaded gas is up 0.48% and heating oil is up 1.32%. Metals are down except copper. Meat is up. Cocoa, coffee, cotton, corn and soybeans are up while wheat is down.

Shares bounce, euro fades after hostile ECB reaction. Oil prices rise as IEA says market could have bottomed.

El Pollo Loco Holdings (LOCO) reported Q4 earnings yesterday afternoon with a revenue miss and guidance on the low end and is down nearly 6.5% in pre-market. Cumulus Media Inc. (CMLS) reported a Q4 loss and is currently down nearly 26%. On the other hand, VeriFone Systems, Inc. (PAY) announced a Q1 earnings beat along with better than expected guidance and has yet to react.

Kirkland's, Inc. (KIRK) announced earnings today, beating estmates and is also currently unchanged.

On Monday before the bell, look for earnings from Vericel Corporation (VCEL) and Inovio Pharmaceuticals, Inc. (INO).

AAPL floated higher like a balloon yesterday morning before the red ECB "curtains of doubt" crept in and managed to drag AAPL down. Still, AAPL managed to squeak out a gain of 0.05% dor the day on suprisingly low volume. AAPL opened at 101.47 to moderate volume and hit a high of 102.24 at 10am on relatively high volume. After peaking, AAPL slid down to the mid-100.5 area on relatively moderate volume before bouncing up a point by the beginning of lunchtime. Afterwards, AAPL slipped again hitting an intra-day low of 100.15 at 1:10pm on moderate volume. AAPl remained in the mid-100 area until after 2:30pm when AAPL recovered 101 and strived towards the mid-101 area. AAPL managed to end the intra-day session up 5 cents at 101.17 and then dropped 3 cents in after-hours trading to 101.14.

This morning in pre-market, AAPL opened sharply higher over 102 in conjunction with Futures and peaked at 102.36 at 5:25am before settling at 102 and then dipping into the upper 101-area later in the morning. AAPL is currently up 74 cents at 101.91 as we approach the open.


Classic max-pain is 100. Today is OPEX. Have a good weekend with your friends and family.


Shares bounce, euro fades after hostile ECB reaction:
http://www.reuters.com/article/us-global-markets-idUSKCN0WD027

Oil prices rise as IEA says market could have bottomed:
http://in.reuters.com/article/us-global-oil-idINKCN0WD02T

Calmer markets, positive data prime Fed to push ahead with rate rises:
http://www.reuters.com/article/us-usa-fed-markets-analysis-idUSKCN0WD0E4

Iron Ore's epic advance rolls back as week ends:
http://www.bloomberg.com/news/articles/2016-03-11/iron-ore-sags-toward-50-as-insane-advance-gets-rolled-back

Deutsche Bank cuts bonus pool by 11%:
http://www.bloomberg.com/news/articles/2016-03-11/deutsche-bank-cuts-bonus-pool-17-as-cryan-spreads-legal-costs

US rebuts Apple claim on password reset in iPhone case:
http://www.chicagotribune.com/bluesky/technology/ct-apple-encryption-20160310-story.html

Small iPhone SE could be a big deal:
http://www.macworld.com/article/3042568/apple-phone/the-smaller-iphone-se-could-be-a-really-big-deal.html

Hyperloop launches in Europe by 2020:
http://www.cnet.com/au/news/hyperloop-shoots-for-europe-launch-by-2020/

The world's most expensive cities:
http://fortune.com/2016/03/11/singapore-expensive-cities/

Marissa still "wants her job":
http://fortune.com/2016/03/11/marissa-mayer-yahoo-ceo-job/

Apple invites "Let us loop you in":
http://www.cnet.com/news/apple-sends-invites-for-march-21-2016-event/

Coming at Apple's March 21st event:
http://9to5mac.com/2016/03/11/apple-march-31st-event-new-hardware/

Apple customer goes to the top for iPhone answers:
http://www.bbc.com/news/technology-35782865

Say hello to the Alexa sisters:
http://www.zdnet.com/article/dualing-alexas-with-the-amazon-echo-tap-and-dot-alexa-needs-more-names/

Wikipedia for iOS gets upgraded:
http://www.techtimes.com/articles/140369/20160311/wikipedia-for-ios-gets-3d-touch-support-personalized-reading-options-and-more.htm

FCC proposes privacy rules for Internet providers:
http://www.nytimes.com/2016/03/11/technology/fcc-proposes-privacy-rules-for-internet-providers.html?_r=0

Virtual Reality (VR) headset review:
http://www.pcmag.com/article2/0,2817,2500286,00.asp

MIT’s clever trick to make web pages load 34% faster:
http://www.wired.com/2016/03/mit-polaris-faster-web-pages/

Adobe rushes out emergency update:
http://www.cnet.com/au/news/adobe-rushes-out-emergency-update-for-critical-flash-security-flaw/

Bosch joins IoT race with new cloud service:
http://www.techtimes.com/articles/140375/20160311/bosch-joins-internet-of-things-race-with-new-iot-cloud-service.htm

Could a new plastic-eating bacteria combat pollution?
http://www.theguardian.com/environment/2016/mar/10/could-a-new-plastic-eating-bacteria-help-combat-this-pollution-scourge

CO2 levels reached new peak in 2015:
http://www.csmonitor.com/Environment/2016/0311/CO2-levels-reached-new-peak-in-2015

Antarctica's past vs present:
https://www.washingtonpost.com/news/energy-environment/wp/2016/03/11/the-more-we-learn-about-antarcticas-past-the-scarier-the-present-looks/

Einstein got it right:
http://timesofindia.indiatimes.com/home/science/Gravitational-waves-decoded-When-Einstein-got-it-right/articleshow/51315356.cms

Most detailed view yet of a dying star's dusty disc:
http://www.cnet.com/au/news/astronomers-get-most-detailed-view-of-the-dusty-disc-of-a-dying-star/

Charlotte Kelly says "I gave my dad a giant bear hug":
http://time.com/4255412/scott-kellys-return/

2 US military members in South America contracted Zika and recovered:
http://www.techtimes.com/articles/140297/20160311/two-us-military-members-in-south-america-contracted-but-recovered-from-zika.htm

Traumatic brain injuries may up risk of losing health insurance:
http://www.techtimes.com/articles/140242/20160311/traumatic-brain-injuries-may-up-risk-of-losing-health-insurance.htm

Stress and discrimination go hand-in-hand:
http://www.csmonitor.com/USA/USA-Update/2016/0311/Stress-and-discrimination-go-hand-in-hand-psychologists-survey-says

Nearly 50% of California adults have prediabetes:
http://www.techtimes.com/articles/140172/20160311/nearly-half-of-california-adults-have-prediabetes-study.htm

Drug combination shrunk breast cancer tumors in 11 days:
http://timesofindia.indiatimes.com/life-style/health-fitness/health-news/Drug-combination-shrunk-breast-cancer-tumours-in-11-days-shows-clinical-trial/articleshow/51357850.cms

Beat insomnia without any drugs:
http://www.huffingtonpost.com/thrillist/how-to-beat-insomnia-with_b_9427686.html


Today's Economic Calendar:
8:30 Import/Export Prices
1:00 PM Baker-Hughes Rig Count


Notable earnings after today's close: HNRG, STRP

And on Monday before the open: *VCEL*, CSTM, EARS, *INO*, KPTI, NERV, PGEM, TA, UCP, VICL

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