$Amazon.com(AMZN)$

META down is not a surprise. It jumped more than 150 bucks right after its latest earning release which is completely exagerated. Now it's time to come back to earth. The fact that GDP came well below expected would mean that FED would be closer to cut rates than some people initially thought. And that will give joyce to those who are used to FED-wealthfare.

As for AMZN, the big question mark is whether the lower personnal expenditure in the first quarter would affect the AMZN earning. I believe not. Amazon has become a commodity and not only a retailer. Any dip from here should be an entry point.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet