And another mega-cap NASDAQ name!
We will have our usual award winning, in-depth weekend report covering everything you need to know about markets over the weekend.
The transports ran right into an area that contains rallies in a bear market…and that is the declining 50 day average. We have provided a chart with those specific points at garyk.com.
The same thing goes for the market. The market is too narrow in leadership to really get going. As you can see, the nasdaq and ndx recently moved into new highs but nothing else did.
Has Amazon finally turned the earnings corner? For years, the question has been the costs to grow. For years, the company would continue to report losses while the stock would continue higher. We may be at an inflection point? Time will tell!
Careful about paying to much attention to the fireworks…underneath the surface remains very interesting.
How do I buy a stock without using a broker? If you cannot do this how do I become a broker so that I can buy stocks on my own?
Thank you,
Brett