Day ‘MarketWatch’ Says Amazon Is Set To Drop Below 10% It Goes Up 1.43%

by Anura Guruge

LEAD story on ‘Marketwatch’ Tuesday, August 22, 2017. Click image to access original.

Amazon (AMZN) went up $13.61, i.e., 1.43% on that day, i.e., August 22, 2017. Data from ‘MarketWatch’. Click to ENLARGE and view here.

It was pretty AMAZING but I had a hunch that this would be case. Yes, AMZN at $953 was cheap after the recent sell-off.

However, I have to agree that AMZN will go down, quite a bit, before the year is out BEFORE coming STORMING back into the $1,150s! I am writing options even higher that that! {SMILE}

So be CAREFUL. We will see $940, if not lower, before the December 31, 2017 — per my hunch. You have now been officially warned.

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by Anura Guruge


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About Anura Guruge

See 'The Blogger' on my blog.

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