NASDAQ-100 Pre-Market Indicator

See: After-Hours Trading.

Okay, so it's 8:48 am in New York. You're nervously sitting at your desk as a union toll booth operator, staring at the Schwab app on your phone, where your now $1.7 million in union pension retirement money sits. You've made a big bet on AMZN having a good quarter. They reported numbers last night, and the after-hours trading figures were up then down then up then down. You have no idea how the Street will react to those numbers. But as you get closer to the real open, you get better and better indications for how the quarter will be reflected in the adjusted stock price.

This pre-market indicator index fund gives you an overall sense of the broader market, and how well or poorly the general market will do today. And that matters, because if AMZN is indicated for open down a half-percent in a market that's down 3%, then AMZN's quarter was loved by the Street. Its relative performance was excellent.

So you stare. And wait. As cars drive by, electronically paying the tolls with bar codes on their windshields and you thank goodness for your new union contract, letting you make 100 grand a year with overtime, and just invest your taxpayer-sponsored wealth, as you laugh at all those suckers who went to college.