Amazon (AMZN)

If you’ve followed Amazon.com (AMZN) for any significant amount of time, you’ll know that over the past year or so it has seen some of the most dramatic ups and downs in the stock’s history.  Here’s the nitty-gritty on the stock:  Text book inverse head and shoulders pattern in place but not yet confirmed

I’m going to be completely honest and say that I absolutely know nothing about MercadoLibre (MELI) when it comes to their company and their products/services that they offer, but Mike K in our Trader Network brought them up as a potential pairing with the Amazon.com (AMZN) (post that I did earlier this week), so

Amazon.com (AMZN) has taken a beating over the course of the past two months after hitting all-time highs back in October. I know I’ve tried to trade it a couple of times with no success. The last time I tried it was when it was already well oversold, and testing the 200-day moving average.

Amazon.com (AMZN) has one of the more appealing setups to benefit from should this market continue to bounce as it has today (Make sure to check out my previous post on my market observations from today). With AMZN, you have a stock that has not sold off to the same degree that the market has

Wild couple of weeks, and when price seems to be dropping day-after-day-after-day with no bounces in sight, it can be very difficult on both the long and short end of things to find ideal plays. On the long-side, you don't want to be trying to catch the falling knife, while on the other hand, you

Current Long Positions (stop-losses in parentheses): DISCK (36.79), RAX (43.46), HRB (17.39), GOOG (522.00), ADI (38.99), CA (23.95), UNP (95.45), NFLX June 270 Calls. Current Short Positions (stop-losses in parentheses): None BIAS: 51% Long Economic Reports Due Out (Times are EST): MBA Purchase Applications (7am), Durable Goods Orders (8:30am), EIA Petroleum Status

Current Long Positions (stop-losses in parentheses): AIT (31.83), NTRI (21.22), MENT (12.01), AMZN (177.15), F (16.33), CERN (93.98), OI (29.94), EMN (79.67) Current Short Positions (stop-losses in parentheses): None BIAS: 36% Long Economic Reports Due Out (Times are EST): MBA Purchase Applications (7am), EIA Petroleum Status Report (10:30am) My Observations and What to Expect:

Current Long Positions (stop-losses in parentheses): AIT (31.83), NTRI (21.22), MENT (12.01), AMZN (177.15), F (16.33), CERN (93.98), OI (29.67) Current Short Positions (stop-losses in parentheses): None BIAS: 43% Long Economic Reports Due Out (Times are EST): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), S&P Case-Shiller HPI (9am), Consumer Confidence (10am), State Street Investor Confidence

Current Long Positions (stop-losses in parentheses): AIT (31.49), NTRI (20.98), MENT (11.84), AMZN (177.15), F (16.33) Current Short Positions (stop-losses in parentheses): None BIAS: 32% Long Economic Reports Due Out (Times are EST): None My Observations and What to Expect: Futures are are down moderately after China announced a surprise rate hike of 25