kaltbaum premarket
S&P futures down .25% but the NDX another story as it is back to flatline. It was done about .5% at 830 am and then AAPL announces:
“Apple announced it has sold three million iPads in just three days since the launch of its new iPad mini and fourth generation iPad — double the previous first weekend milestone of 1.5 million Wi-Fi only models sold for the third generation iPad in March.”
NDX futures go to down .5% to being up a little as AAPL has rallied a little less than 2%. So imagine, one stock moves up 2% and the whole index moves up .5%. They had better keep that stock going.
Besides AAPL, futures down a wee bit and nothing to do. We will hold market proxy this morning but be ready for my alert if service decides to sell. May have just got bailed by AAPL but not sure…they can just come in and sell it again.
It is best with market ugly and Friday and election tomorrow, to just sit tight.