Amazon has 5 levers it can pull to be the fastest growing stock of 2018
Amazon had an astounding 2017. It bought Whole Foods for $13.7 billion, set a record for sales during its Prime Day event, and saw its stock rise 53.55% to cross $1,000 for the first time ever. Oh, and its CEO, Jeff Bezos, became the only person in the world currently worth $100 billion.
Can Amazon duplicate its impressive year going into 2018?
“Despite AMZN’s share appreciation (+164% since mid ‘15) and consistent positive media hype / buzz, there remain areas that are underappreciated or misunderstood,” John Blackledge, an analyst at Cowen, said in a note to clients on Thursday.
President Trump asked a billionaire investor twice whether Amazon was a monopoly
President Donald Trump sought a billionaire investor’s advice twice on whether he considered Amazon a monopoly during a dinner this summer, weeks before federal regulators signed off on the e-commerce giant’s acquisition of Whole Foods Market.
Leon Cooperman, a former partner at Goldman Sachs who runs the hedge fund Omega Advisors, said Thursday he attended a dinner with 10 people in July during which Trump twice asked him the monopoly question.
Amazon wants a key to your house. I did it. I regretted it.
I gave Amazon.com a key to go into my house and drop off packages when I’m not around. After two weeks, it turns out letting strangers in has been the least-troubling part of the experience. Once Amazon owned my door, I was the one locked into an all-Amazon world.
When Amazon first floated the idea of Amazon Key, an Internet-connected lock it can access, people had two responses. 1) THIS IS CREEPY. 2) I kind of want this, so my packages don’t get stolen.
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Today's Trade of the Day | 12-8-17
Switching strategies to day in WDC-Western digital. Our normal trades are order flow ideas, today we are trading volatility. Triple inside day looking for a trend day.
Could be the perfect Friday trade to end the week with easy month. With a gap lower followed by bearish momentum you would expect the trend day to be lower, but that's not the trading strategy.
We are calling for a large candlestick, but we are not calling a direction. Typically the entry requires a day trade, so that means a new entry triggers on the breakout or breakdown of the first 30 minute high or low. I am prepared for either direction, and would not be shocked if we see a $3 move.
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Stock Market Sector Performance
Stocks to Trade | Friday Edition 12-8-17
Bullish Momentum: NKTR,FSLR, OSTK, SHOP, JUNO, CAR, SQ, HCA, EVHC, CAT
Bearish Momentum: eqt, alxn, cah, avgo
Bullish Order Flow: NKTR, FSLR, DG, CAT, DLTR, W, KSS, BA, COF, DE, VLO, HD, AMZN, MAR, UNP, HON, UNH, ROST, LB, COST, JPM, MCD, TSCO, NTNX, TJX, ESRX
Bearish Order Flow: momo, swks, eqt, alxn, wdc, ea, chtr, agn
Double Normal Volume: CTRP, FOX, AVGO, EIX, HRB, DG, TOL
Inside Days: intc, sq, mrk, tsm, hpq, slb, qcom, gsk, mo, sti, pm, celg, bhge, aig, wdc, trip, cost, vlo