Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $1860.00 short put and a strike $1855.00 long put offers a potential 35.14% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $1860.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $1855.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Amazon
Will Small, Robot-Run Warehouses Change the Grocery Game?
Thu, 26 Jul 2018 09:48:00 +0000
Several companies are developing compact automated systems that will bring Amazon-like efficiencies to supermarkets' online-order fulfillment.
Insight: Retailers set sights on Facebook, Google ad revenue
Thu, 26 Jul 2018 05:09:51 +0000
Using data about its customers' shopping habits, Target homed in on shoppers who likely had allergies and showed them ads for Dyson's cordless V6 vacuum on social media and Target's website. Data about real people and real behaviors “actually get a much stronger result because the fidelity of that data is so much richer,” said Kristi Argyilan, Target's senior vice president of media and guest engagement. Retailers ranging from Target and Walmart Inc to grocers such as Tesco Plc are working aggressively to attract big advertisers to their websites in a bid to drive sales, according to interviews with retailers, packaged goods makers, consumer data firms and marketing consultants.
Retailers set sights on Facebook, Google ad revenue
Thu, 26 Jul 2018 05:00:00 +0000
Using data about its customers' shopping habits, Target homed in on shoppers who likely had allergies and showed them ads for Dyson's cordless V6 vacuum on social media and Target's website. Data about real people and real behaviors “actually get a much stronger result because the fidelity of that data is so much richer,” said Kristi Argyilan, Target's senior vice president of media and guest engagement. Retailers ranging from Target and Walmart Inc to grocers such as Tesco Plc are working aggressively to attract big advertisers to their websites in a bid to drive sales, according to interviews with retailers, packaged goods makers, consumer data firms and marketing consultants.
[$$] Netflix lacks a sustainable competitive advantage
Thu, 26 Jul 2018 04:08:46 +0000
” (July 21) regarding investment merits of Facebook, Amazon, Netflix and Google: I would argue that Netflix does not merit an association with the other three. The case to own the Fangs is that they hold sustainable competitive advantages in their respective industries, social media, e-commerce, streaming video and search. Facebook and Google benefit from network effects where the larger they become, the more valuable their services become as well, leaving the threat of upstart competition largely irrelevant.
[$$] Libraries, from Carnegie to Bezos
Thu, 26 Jul 2018 04:00:00 +0000
As the result of his grants, several thousand libraries were built in the United States and across the British empire. Over the weekend, Amazon, a modern-day corporate empire presided over by another candidate for wealthiest person in history, was linked to libraries, generating an explosion of outrage. The controversy was fuelled by an opinion piece in Forbes, which argued that Amazon should replace libraries to “save taxpayers money”.
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