Premarket: Markets are green, Apple turns red

apple premarket green 8-18From Dow Jones News' "U.S Stock Futures Waver" posted early Tuesday:

U.S. stock futures wobbled Tuesday, with investors awaiting further developments on the stimulus package and U.S.-China trade relations amid thin trading volumes.

Futures tied to the S&P 500 wavered between muted gains and losses, a day after the benchmark stopped just shy of a record. Overseas, the Stoxx Europe 600 edged up 0.1%.

"This is a typical August, where things are very, very slow," said Seema Shah, chief strategist, Principal Global Investors.

My take: Another slow, wobbly day. No wonder Mr. Premarket has been so confused lately.

UPDATE: While I was looking the other way, Apple made like a streetlight and turned from green to red.

One Comment

  1. Romeo A Esparrago Jr said:
    Weebles wobble but Apple don’t fall down.

    August 18, 2020

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