Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $950.00 short put and a strike $940.00 long put offers a potential 34.23% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $950.00 by expiration. The full premium credit of $2.55 would be kept by the premium seller. The risk of $7.45 would be incurred if the stock dropped below the $940.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Amazon is bearish and the probability of a decline 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 55.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Amazon
Lesson of Starbucks; Caring About the 10-Year: Jim Cramer's View
Mon, 22 May 2017 05:00:00 +0000
Cramer shares his views on Starbucks, and also discusses the 10-year.
Post Script; Takeaways and Observations: Doug Kass' Views
Mon, 22 May 2017 05:00:00 +0000
Doug Kass shares his thoughts on Treasury notes and bonds, and offers some other observations.
Futures Up: 3 Retailers With Earnings Due Are In Buy Range Despite Amazon
Mon, 22 May 2017 04:53:39 +0000
Futures for the major averages rose slightly Monday morning. Best Buy, Lowe's and Ulta Beauty are in buy range ahead of earnings this week.
[$$] 5 Retailers That Can Survive Amazon
Mon, 22 May 2017 04:01:00 +0000
Few retail analysts have deeper roots in the industry than Dana Telsey, CEO of Telsey Advisory Group. The stylish and cheerful Telsey began her career with investor Ron Baron, then became an analyst at C.J. Lawrence and later Bear Stearns, where she was ranked at the top of her field. Over the years, she has watched and analyzed the rise—and often fall—of hot retail concepts like Merry-Go-Round clothing stores in the 1980s, The Limited in the 1990s, and now fast-fashion retailers like Hennes & Mauritz, better known as H&M (ticker:ticker::HMB.Sweden), and Inditex (ITX.Spain).
$100 Billion Could Fall from the Sky as Retailers Die, and Target Wants Its Piece
Sun, 21 May 2017 17:30:00 +0000
Store closures could help Target.
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