Amazon? Again? Now? Bird Talk.

JANUARY, 12, 2019. When equity markets are pulverized even the best and towering are blistered, like now. Money “rotates” from once craved growth to stunningly bland creepers called “defensive,” like now. When airborne macros are ingested by our economic turbines our equity markets are chopped like pigeon bits. That’s when the “lame” go fame. Food and utility names suddenly strut and glitter all over, while the red carpet is harshly jerked out from under real-deal growth. “Amazon” you say? Right, and Boeing too.
Investors behave much like app-driven hook-ups. Spangles blind and then the charm dims to a twenty-watt bulb. Maybe someone orders a pizza. “Bang” it’s all smoke and mess.
Many “investors” possess the stock staying power of a stadium wave. “Oops–gotta go.” No kiss. No middle finger. Nothing but ass-and-elbows.
Last year AMZN hit 2050.50. Now it’s 1640.56. That’s $410.06 cheaper. Do you think AMZN will ever read on fundamentals again–before it takes over the world? If so, now’s your time. Better hurry. Even fair-weather fans are beginning to notice. STOCKjAW gets technical, and fundamental. Continue reading Amazon? Again? Now? Bird Talk.