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Apple Today - 4/08/2016 OPEX (AAPL)

seymour_greenz • April 8th 2016 01:11:28 PM

Good Morning,

Happy Friday. NASDAQ Futures are up 27 with +30 Fair Value, S&P Futures are up 11 with +12 Fair Value and Dow Futures are up 83 on this first full week of April and OPEX. Futures were looking fairly good early this morning and took a turn for the better at 3am and have since held up very well as we await the open.

Asian markets ended mixed. China dropped 0.78%, Hong Kong gained 0.48% and Japan went up 0.46%. European markets are up today. The UK is currently up 0.86%, France is up 1.04% and Germany is leading the advance, up 1.24%.

Commodities are mostly up this morning. Oil is up 3.78%, natural gas is up 0.74% and gold is down 0.19%. Unleaded gas is up 3.24% and heating oil is up 3.84%. Metals are mixed. Meat is mixed. Cocoa, coffee, cotton, corn, wheat and soybeans are all up.

Wall Street set to open higher as oil surges. Yellen, alongside Fed alum, says rate hikes on track. Yellen says US near full employment, some slack remains.

Ruby Tuesday, Inc. (RT) reported Q3 earnings yesterday announcing a loss, lower guidance and a CFO resignation this morning and is down nearly 17% in pre-market. WD-40 Company (WDFC) also reported earnings yesterday with a Q2 profit and mixed guidance and fell nearly 1%.

On Monday before the open, Protective Life Corporation (PL) is expected to report.

AAPL got a smack down with little "love" in sight yesterday, dropping 2.18% on reasonable volume. AAPL opened at 110 to moderate volume and soon after hit a high in the low-110 area (though there was a rogue spike to 110.42 at 10:28am). AAPL continued to take a beating, rolling downhill on selling pressure all day on moderately low volume, finally settling in the mid-108 area by 3pm. Despite a struggle and a brief dip to the day's low of 108.12 at 3:20pm on moderate volume, AAPL appeared to be able to hold mid-108 into the close. AAPL ended the day down 2.42 at 108.54 and dropped an additional 15 cents in after-hours to 108.39.

This morning in pre-market, AAPL opened up in conjunction with cheerful Futures and spent most of the early morning recovering the low-109 area and then eagerly ramped up above 109.5 later on in the morning. AAPL is currently up 1.02 at 109.56 as we approach the open.


Classic max-pain is 108. Today is OPEX. Have a good weekend with your friends and family.


Wall Street set to open higher as oil surges:
http://www.reuters.com/article/us-usa-stocks-idUSKCN0X517T

Yellen, alongside Fed alum, says rate hikes on track:
http://in.reuters.com/article/us-usa-fed-yellen-idINKCN0X42UV

Yellen says US near full employment, some slack remains:
http://www.bloomberg.com/news/articles/2016-04-07/yellen-says-u-s-close-to-full-employment-some-slack-remains

Verizon to proceed with Yahoo bid while Google weighs offer:
http://www.bloomberg.com/news/articles/2016-04-07/verizon-said-to-proceed-with-yahoo-bid-as-google-weighs-offer

Mediaset set to agree sale of pay-TV to Vivendi, share swap:
http://www.reuters.com/article/mediaset-ma-vivendi-idUSL5N17B1QC

Boeing gets $1.5 billion surprise with 4 new 747 jumbo jet orders:
http://www.bloomberg.com/news/articles/2016-04-07/boeing-quarterly-airplane-deliveries-slip-as-747-767-decline

There's a $2 Trillion GDP boost in shrinking the US gender gap:
http://www.bloomberg.com/news/articles/2016-04-07/there-s-a-2-trillion-gdp-boost-in-shrinking-the-u-s-gender-gap

The US government just launched a self-driving ship to counter Russian and Chinese submarines:
http://qz.com/657530/the-us-government-just-launched-a-self-driving-ship-to-counter-russian-and-chinese-subs/

Las Vegas Sands pays $9 million to end SEC probe into China, Macau:
http://www.reuters.com/article/us-lvsc-sec-idUSKCN0X42CZ

Apple complied with 1st iPhone unlock court order in 2008:
http://www.macrumors.com/2016/04/08/apple-complied-iphone-unlock-court-order-2008/

FBI lawyer refuses to say whether data extracted from San Bernardino iPhone is useful:
http://appleinsider.com/articles/16/04/05/fbi-lawyer-refuses-to-say-whether-data-extracted-from-san-bernardino-iphone-is-useful

Facebook groups act as weapons bazaars for militias:
http://www.nytimes.com/2016/04/07/world/middleeast/facebook-weapons-syria-libya-iraq.html?_r=0

You might be missing important "secret" messages on Facebook:
http://qz.com/657324/you-might-be-missing-important-messages-on-facebook-if-you-havent-checked-a-hidden-second-inbox/

Taking Alexa for a ride:
http://www.cnet.com/au/news/taking-amazons-alexa-for-a-ride/

Tesla's Model 3 now has 325,000 preorders:
http://www.nytimes.com/2016/04/08/business/teslas-model-3-already-has-325000-prospective-owners.html

GoPro officially launches Omni VR camera rig:
http://www.techtimes.com/articles/148370/20160408/gopro-officially-unwraps-omni-virtual-reality-camera-rig-but-the-odyssey-still-missing.htm

Hands on PlayStation VR games:
http://www.pcmag.com/news/343519/hands-on-with-the-games-coming-to-playstation-vr

Adobe patches Flash ransomware flaw that targets Windows 10 users:
http://arstechnica.com/security/2016/04/adobe-flash-update-ransomware-windows-10/

Are you just too hungry and lazy to click?
http://www.theverge.com/2016/4/6/11377860/dominos-pizza-zero-click-app-easy-order

DOJ will continue to push Apple to unlock iPhone 5s at center of Brooklyn drug case:
http://appleinsider.com/articles/16/04/08/doj-will-continue-to-push-apple-to-unlock-iphone-5s-at-center-of-brooklyn-drug-case

HTC Vive demos at GameStop and Microsoft Stores will let you try virtual reality:
http://www.pcworld.com/article/3053666/consumer-electronics/htc-vive-demos-at-gamestop-and-microsoft-stores-will-let-you-try-virtual-reality.html

Complex sugars cooked up from "comet ice":
http://www.bbc.com/news/science-environment-35991312

Planet Nine's profile:
http://www.bbc.com/news/science-environment-35996813

Space probe finds 72 new objects near Earth:
http://www.cnn.com/2016/04/07/us/new-asteroids-and-comets-near-earth/

Isaac Newton's "philosopher's stone" recipe discovered:
http://www.cnn.com/2016/04/07/us/newton-manuscript-irpt/

DNA points to Neanderthal breeding barrier:
http://www.bbc.com/news/science-environment-35992612

HIV can resist CRISPR/Cas9 gene-editing attacks:
http://www.techtimes.com/articles/148316/20160407/hiv-can-resist-crispr-cas9-gene-editing-attacks-study.htm

Time to fight the Zika virus:
http://www.cnn.com/2016/04/07/opinions/more-funds-for-fighting-zika-virus-opinion-caudle/

FDA to revoke pig drug approval over human cancer risk concern:
http://www.reuters.com/article/us-usa-healthcare-pigs-idUSKCN0X51YG

Common infection led to removal of transplanted uterus:
http://www.nytimes.com/2016/04/09/health/yeast-infectionled-to-removal-of-transplanted-uterus.html

Freezing technique may ease "phantom limb" pain for amputees:
http://health.usnews.com/health-news/articles/2016-04-08/freezing-technique-may-ease-phantom-limb-pain-for-amputees

Tracking kids' eye movements may shed new light on autism:
http://health.usnews.com/health-news/articles/2016-04-08/tracking-kids-eye-movements-might-shed-new-light-on-autism

Should You Switch To Whole Milk?
http://www.techtimes.com/articles/148442/20160408/should-you-switch-to-whole-milk-people-who-consume-full-fat-dairy-products-less-likely-to-be-obese.htm

Somebody get that kid a Coffee Sipper!
http://www.livescience.com/54347-teens-sleep-deprived-injuries.html


Today's Economic Calendar:
8:30 Fed's Williams Speech
10:00 Wholesale Trade
1:00 PM Baker-Hughes Rig Count


Notable earnings on Monday before the open: SPCB, LITB, *PL*, VDNRF

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