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.

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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;