skip to page content

The Big One Reports Today - Amazon.com Inc. (NASADQ:AMZN)

Adam Hewison - MarketClub

Loading the player...

Reporting After The Close Today

Amazon.com Inc. (NASDAQ:AMZN) reports earnings after the close today and analysts are looking for a beat on sales. Amazon.com, Inc. operates as an online retailer in North America and internationally. Technically, Amazon is in a trading range bound by $408 on the upside and $380 on the downside. Before getting positive on Amazon again, the stock would have to make new all-time highs over $408 a share. All will be revealed after the market closes today.

What Is Going On With Apple?

There must be something going on in Cupertino, California where Apple (NASDAQ:AAPL) has its headquarters because surely this stock should be trading higher than where it is right now. Despite inking a deal with China Mobile and Carl Ichan tweeting about his 3.5 billion dollar stake in Apple, the stock of Apple has failed to move higher. The fact that Apple is trading below $500 a share is a big surprise to many market observers. This is a perfect example of buying the story and getting married to a stock and not paying attention to the market action itself, which right now is not too positive for Apple.

The Dow Is Lower For The Month

Even with today’s rally, the Dow is down for the month and unless we see an extraordinary rally again tomorrow, it will end the month with a net loss. I will also be looking at some of the technical aspects of the NASDAQ and the S&P 500.

Gold Is Higher For The Month

Despite the sharp sell-off in gold today, this market is up over 3% for the month. I continue to believe that gold is building a large base in order to move higher later in the year. Based on the weekly and daily Trade Triangles, you should be out of the market right now and on the sidelines. I will illustrate in today’s video how the Trade Triangle technology works in the gold market.

The Dollar Is Higher For The Month

The Dollar is trending higher for the month against the Euro and is +1.36% for the month of January. I will be taking a close look at this cross today and analyzing just how high can the Dollar go.

Crude Oil Is Flat For The Month

With all the extreme cold weather in January, crude oil looks like it will be closing out the month on a flat note. I will be looking at the crude oil market in detail today to see where this commodity is next headed with the Trade Triangle technology.

Back to videos

Get Started With Your 30-Day MarketClub Trial Right Now

Get Started

© Copyright MarketClub™ All rights reserved | User Agreement | Do Not Sell My Personal Information

MarketClub/INO, a division of TIFIN Group LLC, is affiliated with Magnifi via common ownership. Affiliates of Magnifi will receive cash compensation for referrals of clients who open accounts with Magnifi. Due to this compensation, a conflict of interest exists since MarketClub/INO has an incentive to recommend Magnifi LLC.

Magnifi LLC does not charge advisory fees or transaction fees for non-managed accounts. Clients who elect to have Magnifi LLC manage all or a portion of their account will be charged an advisory fee. Please see Magnifi’s Form ADV for additional information about fees and charges that may apply. Magnifi LLC receives compensation from product sponsors related to recommendations. Other fees and charges may apply.

Magnifi Personal, normally $14 per month, will be available at no additional cost to MarketClub members. Account holders must be 18 years of age and have an approved Magnifi account. Magnifi will determine qualifying account holders at its own discretion.

U.S. Government Required Disclaimer—Commodity Futures Trading Commission
Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41—HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

All trades, patterns, charts, systems, etc., discussed in this advertisement and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or INO.com. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the MarketClub™ methodology or system will generate profits or ensure freedom from losses. The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual's success depends on his or her background, dedication, desire, and motivation.