Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $1605.00 short put and a strike $1597.50 long put offers a potential 57.89% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $1605.00 by expiration. The full premium credit of $2.75 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $1597.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Amazon is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Amazon is bullish.
The RSI indicator is at 53.99 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Amazon
CEO pay ratio disclosures provide little more than noise for investors
Mon, 28 May 2018 09:23:37 +0000
If there is anything to glean from all the pay ratio disclosures, it’s that there needs to be more consistency in how they are calculated and reported before they can be useful to investors. When the Securities and Exchange Commission adopted the pay ratio rule nearly three years ago, in which companies were required to report how the annual total compensation of the chief executive officer compares with the median of the annual total compensation of their employees, the idea was to provide more insight into income inequality. One problem that arises is that companies only count what each employee is paid during the year, while CEO compensation could include estimates of market value of unvested stock options and other benefits, such as security measures for a CEO’s residence.
Why Is Amazon.com (AMZN) Up 5.6% Since Its Last Earnings Report?
Mon, 28 May 2018 08:55:08 +0000
Amazon.com (AMZN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Stock Market Pro Perspectives: Why You Should Ignore The Geopolitical Noise
Sun, 27 May 2018 17:02:00 +0000
2) We’ve talked about the shock-risk developing in Europe. A coalition government forming in Italy, with an “Italy first” approach to the social and economic agenda, has created some flight of Italian bond market capital toward safety. The last time Italy was on default/blow up watch, the 10 year yields were 7% (unsustainable levels). At those levels, the ECB had to intervene. It creates leverage for the third largest economy in the European Union (excluding Britain).
Why The FANG Stocks' Dominance May Not Be So Bad For The Market
Sun, 27 May 2018 13:34:00 +0000
The FANG stocks have become some of the stock market's most dominant stocks, disproportionately powering its gains, as well as its losses. (Apple is often added, making the group the FAANG stocks), sometimes a bad week for the group of stocks can lead the market down. For instance, Facebook led a steep decline in the FAANG stocks in March, after its data misuse scandal came to light on Sunday, March 18.
[$$] Probes, Cyberattack Distract Atlanta as It Tries to Woo Amazon
Sun, 27 May 2018 11:23:05 +0000
Inc. and other corporate giants to the region, its new mayor has found her efforts stymied by scandals from the outgoing administration and the aftereffects of a crippling cyberattack on city operations. , including a federal corruption probe into several areas of city government and city investigations into a deluge of bonuses he paid staff before leaving office. In March, a ransomware attack shut down most government operations for days and erased an undetermined amount of data, including possibly some related to the Reed investigations.
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