Some of the announcements from today include iPad sales of 84 million units and the iPad accounts for 91% of web traffic. The phone has a thinner, lighter and bigger glass screen and aluminum case. Apple gave developers an early peek at the specs in order to have apps available for the new dimensions. The new iPhone is both HSPA+ and LTE compatible on a single chip and single radio. It has a new A6 processor with double the speed of CPU and graphics. The 5 is an overall upgrade from the iPhone 4.

AT&T Inc. (T) move up one dollar early in the morning most likely on news from Apple (AAPL) releasing its new iPhone 5. The stock is now up only $0.15. The carriers will have to pay a high premium to get the iPhone 5, contributing as much as $400 per customer for a two year contract.

The DOW is up 26 points today, 0.19%, to 13,347; The NASDAQ up 10 points, 0.34%, to 3,115 and the S&P is up 4 points, 0.31%, to 1,438. The DOW started higher today and peaked early in the morning at 13,374 and then hit a low around 11:00 am of 13,318. It is hard to tell what is moving the market today as both positive and negative news has come out of the media today.

Gold futures are flat, silver and crude futures are down less than half of a point but platinum futures jumped up 41.90 points today, a 2.61% gain. Corn futures are down -9 points, a 1.16% drop. Corn peaked around 830 in the middle of August and has since been down, currently sitting at 768.60.

Imports and Export prices came out today. Import prices are down on the year by more than 2%. Jobless claims and Producer Price Index tomorrow at 8:30 am EST.

Alex Kalish has a masters in economics from Suffolk University.

Questions, comments and suggestions welcome: alexk@keeneonthemarket.com