Thursday, August 20, 2020

Notes From All Over -- August 20, 2020

Updates

11:47 a.m. CDT: Apple quietly acquired Israel's Camerai, formerly Tipit, a specialist in AR and camera tech. Link here. And, here.

Original Post

AMC: to re-open 100 theaters today.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

Markets: on down days for the market like this it will be interesting to see what these stocks do:

  • AAPL: at opening, held; up 17 cents; now up, $1.10; now, up $1.65 -- an hour into trading AAPL "surges" -- up another $5.37  /share; up 1.16%; this is going to drive the GE/NBC/CNBC talking heads nuts; after all, the P/E is 35 (compare TSLA at 978; paying dividends; and no announced buybacks); and the market cap for Apple is $2.003 trillion;
    • AMZN: P/E - 125; no dividend;
  • JNJ: at opening, down very, very slightly;
  • UNP: at opening, down, now trading below $190;
  • SRE: at opening, down a dollar;
  • XLNX: at opening, down a dollar; 

Early morning:

  • Dow cuts early losses, now down only 21 points; wow, what a turnaround;
  • NASDAQ: up 24 points; wow;
  • S&P 500: absolutely flat; could be green before the day is over;

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