On Friday, Amazon.com, Inc. (NASDAQ:AMZN) made a new all time high, hitting $320.57. The valuation of this stock continues to befuddle Wall Street investors as it has a P/E in the stratosphere. So why will it drop now? Simple, the chart is the only thing that has predicted where this stock is going and it shows a pull back now. ...
Amazon.com, Inc. (NASDAQ:AMZN) reported earnings last Thursday evening. They were nothing to write home about. The stock initially sold off after-hours, then crept higher the following day, pushing to a new all time high of $313.62. Many people think this stock can never go down because even on poor earnings, the stock still went higher. ...
Top 10 Stocks of The Past Decade. Top 10 Stocks of 2012
Originally published at “long-term-investments.blogspot.com”. Kenneth Fisher is an American businessman, founder and chairman as well as CEO of Fisher Investments, a money management firm headquartered in California. Fisher writes the monthly “Portfolio Strategy” column in Forbes magazine. Ken Fisher is one of the richest Americans and part of the Forbes 400 list of world billionaires. Funds run by Ken Fisher at Fisher Asset Management were valued at USD 34.91 billion.
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Amazon.com, Inc. (NASDAQ:AMZN) is trading at $209.09, -5.66 (-2.64%).The stock is coming into three significant support levels on the daily chart. The first support level is the 50 moving average on the daily chart. This level is at $207.00. The second level is at the 200 moving average on the daily chart at $202.00. The final and most important support level is the gap fill from the last earnings announcement. This support level is at ... Continue reading here: http://bit.ly/KTsWCH