Sen Warren is up as a video clip at CNBC. It was a great folksy analogy. Unfortunately she used it after calling the Fed Chair a liar to his face on the bank capital requirements and claimed the FDIC was with her, not him. I see future ink on this one.
resistance piling up at ES 2815 if bulls can move through 2813. My charts make this the 3rd pull back but the monster bar getting over yesterday's overnight high has us waaay above EMA and VWAP.
Knocking on the door. If they get through next obvious resistance still sitting at ES 2815. Sellers at 2813 just moved up a couple of ticks, didn't pull their orders, looks like this isn't over yet.
AMZN
Coresight Research had forecast sales to reach at minimum $3.4 billion globally during Prime Day, which would set a new record and surpass Amazon's Cyber Monday sales. Helping the company reach this target is a longer window for deals this year — 36 hours straight.
Despite such a messy start Monday, an Amazon spokeswoman said in an email to CNBC Tuesday morning that "Prime Day sales in the US so far are bigger than ever – in fact, in the first ten hours Prime Day grew even faster, year-over-year, than the first ten hours last year." (Last year's Prime Day kicked off at 9 p.m. ET.)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
That big green bar is vulnerable to a whoosh down move. Yesterday high was the Asian session. I think market needs to close above that level or Cobra will have a difficult task tonight explaining what it means.
Anyway, putting the flag on the pole for sure, hard to see any more up today.
Anybody used Wall Marts new (to us) internet order robot at the front of the store. Automatically gives you your stuff. Big improvement. Also Both Fred Meyer (Kroger) and Wall Mart do internet grocery orders and bring the stuff to your car. Very popular with the working Mom's who have car seat riders. As opposed to the Amazon home delivery where your groceries sit on your front porch for hours.
Interesting to me that Wall Mart was considered evil because they were anti union, but they have figured out virtue signalling while Amazon is rapidly becoming the great satan.
ESTIMATE = guesstimate
Blmbrg guy quotes a reputable Estimator firm: AMZN Prime Day sales are 90% better than last year, despite “glitches”.
More countries, longer time, more discounts
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.