Apple sends invite for September 12 launch event. Stock is up 1.7%

<p>Apple traditionally has a product launch in the early fall and the invites have gone out. </p><p>The event will take place on September 12. Shortly after the event the new products are offered for sale going into the key Christmas season. </p><p>Shares of Apple are currently trading up $3.02 or 1.68% at $183.21. It shares are moving away from its 100-day moving average at $179.43. The high for the year was up near $200 at $198.19 back on July 19. That was a new record high. The 50-day moving average is up at $186.48. That is the next key target.</p>

This article was written by Greg Michalowski at www.forexlive.com.