Afternoon Note
Coming into the session, the so-called “magnificent seven” lost $200 billion in valuation in reaction to their financial releases.
Now, all eyes are on Amazon (AMZN). Like the river, this company is the biggest and deepest, with revenue that dwarfs its Technology and Communication Services rivals.
After a string of huge post-earning swoons, the stock rallied last time the company posted results.
Date |
Consensus |
1-Week |
1-Day |
8/23/23 |
+$0.30 |
+7.5% |
+8.3% |
4/27/23 |
+$0.10 |
-5.1% |
-3.8% |
2/2/23 |
-$0.14 |
-12.1% |
-7.5% |
10/27/22 |
+$0.06 |
-19.5% |
-6.8% |
7/28/22 |
-$0.33 |
+17.2% |
+11% |
The NASDAQ now sees the next support point right below 12,250.
Tweet |
4/26/2024 1:46 PM | Full Steam |
4/26/2024 9:39 AM | BIG TECH STEPS UP |
4/25/2024 1:16 PM | Don't' Bury me, Yet! |
4/25/2024 9:27 AM | THERE CAN ONLY BE ONE |
4/24/2024 1:30 PM | Earnings Flood In |
4/24/2024 9:26 AM | BUYING THE DIP |
4/23/2024 1:25 PM | Bloom Off Rose |
4/23/2024 9:32 AM | WHAT HAPPENED TO THE BRAVADO? |
4/22/2024 1:22 PM | Pins and Needles |
4/22/2024 9:30 AM | LIVE BY THE SWORD … |
4/19/2024 1:20 PM | Fair Chunk of Rotation |
4/19/2024 9:35 AM | DON’T OVERREACT |
4/18/2024 1:37 PM | Didn’t Break Down |
4/18/2024 9:40 AM | MARKET OFF SCRIPT |
4/17/2024 1:59 PM | Facing Pressure |
4/17/2024 9:37 AM | POWELL STILL WANTS TO HELP |
4/16/2024 1:35 PM | Muted |
4/16/2024 9:42 AM | FEAR ARRIVES |
4/15/2024 1:17 PM | Making a Statement |
4/15/2024 9:45 AM | Equal Opportunity Drubbing |
4/12/2024 1:37 PM | Pressure Overall |
4/12/2024 9:42 AM | WHO YA GONNA CALL? |
4/11/2024 1:38 PM | No Urgency |
4/11/2024 9:27 AM | Tough Sledding |
4/10/2024 1:22 PM | Hang In There |
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