$Amazon.com(AMZN)$ Might show

2022-12-13

$Amazon.com(AMZN)$ Might show a near term bounce if the cpi print turns out softer than expected and the fed raises by 50 bps as anticipated.

NY Fed's survey of consumer expectations showed that 1-year ahead inflation expectations fell to lowest since Aug 2021 to 5.2% in Nov from 5.7% in Oct. However, another survey by the Harris poll showed that most respondents planned to tighten their belts by buying fewer gifts and travel lesser during the holiday season in view of the higher costs.

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Comments

KittyBruno
2022-12-13
KittyBruno
AMZN red to solid green today. I like this swing 🕺🏽..Of course, I may change my mind tomorrow. Could use the lows as a stop if so inclined (85.87).
LeilaLynch
2022-12-13
LeilaLynch
Market seems bullish before the CPI data release tomorrow, latest economic calendar shows all of the critical economic updates for tomorrow, that can impact the overall market and AMZN stock
BorisBack
2022-12-13
BorisBack
Down 52%, Amazon Stock Is a Once-in-a-Decade Buying Opportunity Before 2023
MBE
2022-12-13
MBE
Hope it bounces.
Gambang
2022-12-14
Gambang
ok
erickhoosg
2022-12-13
erickhoosg
ok

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