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 |
7/26/2024 1:36 PM | Friday Recovery |
7/26/2024 9:29 AM | WRAPPED AROUND YOUR FINGER |
7/25/2024 12:58 PM | A Look at GDP |
7/25/2024 9:57 AM | TURNING THE PAGE ON RESOLVE |
7/24/2024 1:49 PM | Vulnerable Market |
7/24/2024 9:47 AM | Mega Misses |
7/23/2024 1:04 PM | Lay Summer Session |
7/23/2024 9:25 AM | MOST EXPANSIVE BREADTH = GREATER OPTIMISM |
7/22/2024 1:23 PM | Rebounding |
7/22/2024 9:47 AM | WILL THE HUNT FOR VALUE CONTINUE? |
7/19/2024 1:32 PM | Under Pressure |
7/19/2024 9:56 AM | STAR FOR ONLY A WEEK? |
7/18/2024 1:30 PM | All Eyes on Netflix |
7/18/2024 10:18 AM | BIG BETS ON TRUMP TRADE |
7/17/2024 1:37 PM | Technology Troubles |
7/17/2024 9:59 AM | EMPHATIC! |
7/16/2024 12:44 PM | AI Drifting Lower |
7/16/2024 9:52 AM | NEW KIND OF WINNING |
7/15/2024 1:32 PM | Small Caps On The Move |
7/15/2024 9:50 AM | FULL SPEED AHEAD |
7/12/2024 12:56 PM | Intriguing Small Caps |
7/12/2024 9:48 AM | IT’S GOOD TO BE THE KING |
7/11/2024 1:25 PM | Equal Weight Comeback? |
7/11/2024 9:42 AM | CALLING ALL STOCKS |
7/10/2024 1:15 PM | Rally Broadens |
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