Once in a while a stock comes along that’s just “perfect.” Over the last 20 years or so I have the great fortune of trading many amazing stocks… you know, the ones that could have paid your kids’ college tuition 50 times over. Names like Apple, Google, Netflix, Facebook, Autozone, Tesla, Disney… and I’m not even scratching the surface here. Each one of these has personally been very good to me. They are great examples of where wealth is created in the market, whether you actively trade in and out of them over and over again or you buy and just hold them. Another one of these “perfect” stocks is Amazon.com (NASDAQ: AMZN). On Wednesday, Momentum Trade Alerts readers were sent an alert (below) to buy Amazon.com. Amazon closed last week at new all-time highs and appears to be heading higher. |
In today’s video I discuss Amazon… where I see it going, what the charts say and how its upcoming earnings at the end of this month could be the arbiter for the final thrust higher. |