Tag "amzn"

Amazon 2Q Earnings Preview: Expectations Flying High For AMZN

Amazon (AMZN) has been the poster boy stock of late. The mega-cap name with strong growth prospects has seen an amazing surge in share price recently as funds become more and more selective. And as Amazon’s 2Q earnings approach (due out after the bell), the AMZN stock has jumped over 15 percent. According to estimize, analysts are expecting a loss of 17 cents per share on 22.31 Billion in revenue for

Are Consumer Stocks Ready To Roll? …Or Roll Over?

After a period of sideways price action, active investors are hoping that earnings season provides some clarity. Yesterday, I wrote a post about the importance of this week’s bank earnings and how the financial sector is an importance gauge of market health. Today, I’ll look at the consumer and highlight why consumer stocks are also at important juncture. Investors received a bit of a surprise in the April Jobs Report, as the employment numbers came

Amazon (AMZN) Earnings Boost Stock, Trigger Chart Breakout

The monster Amazon earnings reaction has triggered a handful of bullish technical developments in Amazon’s stock (AMZN). To recap, the stock had been loitering in a downtrend (lower highs) for the past year. And muted Amazon earnings expectations allowed the stock to pop on its earnings beat. And this set the stage for today’s AMZN chart breakout to new 6 month highs. Let’s take a look at the chart and

Amazon Stock (AMZN) At Critical Time And Price Juncture

With Cyber Monday coming up, it’s a pretty huge time of the year for Amazon (AMZN – Quote). Interestingly, it’s also an important point in time for Amazon stock price. The coming weeks will likely determine the next big move in Amazon shares. Let’s dig in. Since Amazon’s negative earnings reaction, the stock has been a beast, rising as much as 19% off the $284 low. The $340 area has been

AMZN Technical Update: Breaking Down The Recovery Rally

Amazon’s stock rose almost 5 percent into its January 30 earnings report. Considering that this followed a week of sideways chop, it’s fair to say that the expectations were suddenly elevated heading into earnings… making Amazon’s (AMZN) stock price vulnerable to a miss. And this is precisely what happened, sending Amazon’s stock price plunging after hours, en route to a post-earnings slide that saw as much as 16 percent trimmed off

5 Investment Surprises For 2014

Let me preface my list of investment surprises for 2014 by alerting you that these are in no way whatsoever to be considered recommendations. This list was compiled with the element of surprise in mind so the likelihood of them actually occurring should be viewed as such. In the event of their occurrences, however, each would have obvious investing implications. Here goes: 5 Investment Surprises For 2014 1)     Apple (AAPL) unveils a blockbuster and/or

Weakness in Retail Stocks Flying Under the Radar

The price action in the retail sector has been tricky of late. Many retail stocks have stalled, or pulled back, while some have fallen on their face. And much of this has flown under the radar. Some of this could be due to the late summer lull and market pullback, or perhaps the market is attempting to price in a luke warm consumer in the face of another debt ceiling

AMZN Technical Support Update: Lines in the Sand After Earnings

By Andrew Nyquist     After peaking in January, Amazon (AMZN) has spent the better part of the past few months rangebound ($250 – $275). But that may all come to an end after an earnings report that has pushed the stock down over 7% this morning. Concerns are no doubt seeping in as the price is nearing some important AMZN technical support levels. Below are two charts for AMZN stock that

Trading Ideas for the Week of January 7

By Alex Salomon Happy New Year to everyone!! It’s that time of the year when energy is flowing, so let’s take a look at some charts that appeal to me and offer up some ideas. Not advice, just sharing some trading ideas! Amazon.com (AMZN) The appeal is a break out above the multiple tops. When it happens (call it > $263) then the chart eventually opens up to $290. Just like

Chartology: Amazon (AMZN) Measured Move, Part 2?

Last winter, Amazon (AMZN) stock dropped precipitously in what turned out to be a measured A-B-C move lower into long term trend line support. Could something similar be in the works this summer? Note that an A-B-C measured move lower off 2012 highs would target an important confluence of support, including: 1) Uptrend support line 2) 200 day moving average 3) 50% fibonacci down retrace of December to April move