Today the market is up about a percent (yes the NASDAQ is 2%) and Amazon is up 3.5% . Yesterday the market was down around 2% and Amazon was down 6%. Doesn't that point to the fact that the market acknowledges Amazon is a momentum play right now (and honestly priced well above any real valuation?)
Submitted October 12, 2018 at 11:39AM by mspe1960 https://ift.tt/2EcUSpA
