A Mess of a Market
Although the indices managed minor gains today, the overall action remains poor. For the second straight day, the market opened strong and then sold off for most of the rest of the day. The finish wasn't quite as bad, but there is little buying interest.
Amazon (AMZN) earnings look poor. The stock is down initially but it has a history of coming back. The company has missed or guided down eight of the last 10 quarters and the stock price has doubled. If you are trading AMZN, ignore the numbers. They just don't matter. In fact, the stock is already back to flat as I write....149 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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