2/2/2024 1:12:04 PM - Gapped up today hitting a new 52-week high. Reported strong earnings on +14% sales revenues for the Dec '23 quarter versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria) and there was a loss in FY '22. Not a match with the fact-based investment system's fundamental guidelines.
10/30/2023 12:10:16 PM - Found support above its 200 DMA line ($117) and today's 2nd volume-driven gain has it rebounding near its 50 DMA line ($132) which recently acted as resistance. Reported earnings +236% on +13% sales revenues for the Sep '23 quarter versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria) and there was a loss in FY '22. Not a match with the fact-based investment system's fundamental guidelines.
10/27/2023 12:42:50 PM - Gapped up today, finding support above its 200 DMA line ($117) and rebounding toward its 50 DMA line which has recently acted as resistance. Reported earnings +236% on +13% sales revenues for the Sep '23 quarter versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria) and there was a loss in FY '22. Not a match with the fact-based investment system's fundamental guidelines.
10/30/2020 12:21:01 PM - Gapped down today, slumping below its 50 DMA line ($3,222) which may now act as resistance. Reported earnings +192% on +37% sales revenues for the Sep '20 quarter versus the year-ago period, its 2nd strong comparison after 4 consecutive quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
10/12/2020 12:07:09 PM - Gapped up today powering toward its 52-week high. Recent rebound above its 50 DMA line ($3,207) helped its outlook improve. It has not formed a sound base. Reported earnings +97% on +40% sales revenues for the Jun '20 quarter versus the year-ago period, but the prior 4 consecutive quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
9/24/2020 12:14:05 PM - Sputtering below its 50 DMA line ($3,175) after recent volume-driven losses. It has not formed any sound base. Reported earnings +97% on +40% sales revenues for the Jun '20 quarter versus the year-ago period, but the prior 4 consecutive quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
9/22/2020 12:05:21 PM - Rebounding toward its 50 DMA line ($3,174) with today's 2nd consecutive volume-driven gain. It has not formed any sound base. Reported earnings +97% on +40% sales revenues for the Jun '20 quarter versus the year-ago period, but the prior 4 consecutive quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
9/4/2020 11:59:19 AM - Abruptly retreating from its all-time high and testing its 50 DMA line ($3,144) with today's 2nd consecutive volume-driven loss. Very extended from any sound base. Reported earnings +97% on +40% sales revenues for the Jun '20 quarter versus the year-ago period, but the prior 4 consecutive quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
8/24/2020 12:06:53 PM - Hitting a new all-time high today. Very extended from any sound base. Reported earnings +97% on +40% sales revenues for the Jun '20 quarter versus the year-ago period, but the prior 4 consecutive quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
7/31/2020 12:38:18 PM - Gapped up today challenging its all-time high. Very extended from any sound base. Reported earnings +97% on +40% sales revenues for the Jun '20 quarter versus the year-ago period, but the prior 4 consecutive quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
7/21/2020 12:38:50 PM - Revered into the red today. There was a "negative reversal" on 7/13/20 at its all-time high. Very extended from any sound base. Noted with caution in prior mid-day reports - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
7/20/2020 12:25:39 PM - Rebounding today following 5 consecutive volume-driven losses after a "negative reversal" on 7/13/20 at its all-time high. Very extended from any sound base. Noted with caution in prior mid-day reports - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
7/16/2020 12:34:26 PM - On track for a 4th consecutive volume-driven loss following "negative reversal" on 7/13/20 after hitting a new all-time high. Very extended from any sound base. Noted with caution in prior mid-day reports - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
7/15/2020 12:27:21 PM - On track for a 3rd consecutive volume-driven loss following "negative reversal" on 7/13/20 after hitting a new all-time high. Very extended from any sound base. Noted with caution in prior mid-day reports - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
7/14/2020 12:32:29 PM - There was a "negative reversal" on the prior session after hitting yet another new all-time high. Very extended from any sound base. Noted with caution in prior mid-day reports - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
7/13/2020 12:04:07 PM - Hitting yet another new all-time high today, getting very extended from any sound base. Noted with caution in prior mid-day reports - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
7/10/2020 12:16:27 PM - Hit yet another new all-time high today, getting very extended from any sound base. Noted with caution in prior mid-day reports - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
7/9/2020 12:20:13 PM - Hitting yet another new all-time high today, getting very extended from any sound base. Noted with caution in prior mid-day reports - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
7/7/2020 12:11:07 PM - Hit yet another new all time high today, getting very extended from any sound base. Noted with caution in prior mid-day reports - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
7/6/2020 12:33:18 PM - Hitting yet another new all time high today, very extended from any sound base. Noted in prior mid-day report - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
7/2/2020 12:46:20 PM - Hitting another new all time high today. Noted in prior mid-day report - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
7/1/2020 12:15:06 PM - Hitting another new all time high today. Last noted in the 6/10/20 mid-day report - "Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines."
6/10/2020 12:24:50 PM - Gapped up today hitting a new new all time high with its 4th consecutive gain. Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
5/1/2020 12:21:42 PM - Gapped down today from a new all time high hit on the prior session. Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
4/21/2020 12:12:34 PM - Pulling back from its all time high following an impressive spurt of gains last week. Prior mid-day reports cautioned members - "Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines."
4/20/2020 12:14:22 PM - Perched at its all time high today following an impressive spurt of gains last week. Prior mid-day reports cautioned members - "Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines."
4/17/2020 12:41:04 PM - Pulling back from its new all time high with today's loss following an impressive spurt of 4 consecutive gains this week. Prior mid-day reports cautioned members - "Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines."
4/16/2020 12:39:32 PM - Hitting another new all time high with today's 4th consecutive gain in an impressive spurt. Prior mid-day reports cautioned members - "Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines."
4/15/2020 12:21:33 PM - Hitting another new all time high with today's gain following 2 consecutive big gains. Prior mid-day reports cautioned members - "Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines."
4/14/2020 12:44:36 PM - Hitting a new all time high with today's 2nd consecutive big gain. Prior mid-day reports cautioned members - "Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines."
4/13/2020 12:20:12 PM - Approaching its all time high ($2,185) with today's big gain. Prior mid-day reports cautioned members - "Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines."
3/30/2020 12:14:02 PM - Rebounding above its 50 DMA line ($1,946) today, however it still faces resistance due to overhead supply up to the $2,185 level. Prior mid-day reports cautioned members - "Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines."
3/20/2020 12:44:15 PM - Met resistance near its 50 DMA line ($1,941) after rebounding from below its 200 DMA line ($1,852). Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines.
3/19/2020 12:37:30 PM - Rebounding near its 50 DMA line ($1,942) after undercutting its 200 DMA line ($1,851) and prior lows. Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines.
2/27/2020 12:28:40 PM - Slumped from its all-time high and it is finding support today after undercutting its 50 DMA line ($1,938). Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines.
2/11/2020 12:33:00 PM - Gapped up on 1/31/20 and it has held its ground and rallied further into new all-time high territory. Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines.
2/10/2020 12:25:38 PM - Gapped up on 1/31/20 and it has held its ground and rallied further into new all-time high territory. Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines.
2/3/2020 12:36:53 PM - Gapped up on the prior session and touched a new all-time high. Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines.
7/26/2019 12:08:40 PM - Gapped down today after it reported earnings +3% on +20% sales revenues for the Jun '19 quarter, well below the +25% minimum earnings guideline. In recent weeks it quietly consolidated above its 50 DMA line and wedged higher with gains lacking great volume conviction. Mid-day reports in recent months repeatedly cautioned members - "Earnings increases in the 6 latest quarterly comparisons through Mar '19 were very strong, well above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history is not a great match with the fact-based investment system's fundamental guidelines."
7/10/2019 12:24:29 PM - In recent weeks it quietly consolidated above its 50 DMA line ($1,876) and wedged higher with gains lacking great volume conviction. Mid-day reports in April, May, and June of 2019 repeatedly noted - "Earnings increases in the 6 latest quarterly comparisons through Mar '19 were very strong, well above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history is not a great match with the fact-based investment system's fundamental guidelines."
6/10/2019 11:50:11 AM - Gapped up today and rebounded above its 50 DMA line ($1853). Noted with caution in prior mid-day reports - "Rebounding toward its all-time high after a deep consolidation since noted with caution in the 10/15/18 mid-day report. Earnings increases in the 6 latest quarterly comparisons through Mar '19 were very strong, well above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history is not a great match with the fact-based investment system's fundamental guidelines."
5/13/2019 12:12:25 PM - Gapped down today testing its 50 DMA line ($18.17). Last noted with caution in the 5/03/19 in the mid-day report - "Rebounding toward its all-time high after a deep consolidation since noted with caution in the 10/15/18 mid-day report. Earnings increases in the 6 latest quarterly comparisons through Mar '19 were very strong, well above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history is not a great match with the fact-based investment system's fundamental guidelines."
5/3/2019 12:15:33 PM - Gapped up today, rebounding toward its all-time high after a deep consolidation since noted with caution in the 10/15/18 mid-day report. Earnings increases in the 6 latest quarterly comparisons through Mar '19 were very strong, well above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history is not a great match with the fact-based investment system's fundamental guidelines.
4/26/2019 12:06:37 PM - Rebounding toward its all-time high after a deep consolidation since last noted with caution in the 10/15/18 mid-day report. Earnings increases in the 6 latest quarterly comparisons through Mar '19 were very strong, well above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history is not a great match with the fact-based investment system's fundamental guidelines.
10/15/2018 12:15:28 PM - Slumped from its all-time high and violated its 50 DMA line ($1920) with a streak of volume-driven losses. Prior mid-day reports repeatedly cautioned members - "Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Prior quarterly and annual earnings (A criteria) history was not a great match with the investment system's guidelines."
10/12/2018 12:19:46 PM - Slumped from its all-time high and violated its 50 DMA line ($1921) with a streak of volume-driven losses. Prior mid-day reports repeatedly cautioned members - "Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Prior quarterly and annual earnings (A criteria) history was not a great match with the investment system's guidelines."
10/10/2018 11:48:02 AM - Slumped from its all-time high and violated its 50 DMA line ($1925) with a streak of volume-driven losses. Prior mid-day reports cautioned members - "Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Prior quarterly and annual earnings (A criteria) history was not a great match with the investment system's guidelines."
10/8/2018 12:20:37 PM - Slumped from its all-time high and violated its 50 DMA line ($1922) with 5 consecutive volume-driven losses. Prior mid-day reports cautioned members - "Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Prior quarterly and annual earnings (A criteria) history was not a great match with the investment system's guidelines."
10/5/2018 12:28:09 PM - Slumped from its all-time high and violated its 50 DMA line ($1921) with damaging volume-driven losses this week. Prior mid-day reports recently noted - "Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Prior quarterly and annual earnings (A criteria) history was not a great match with the investment system's guidelines."
10/4/2018 12:15:51 PM - Slumping from its all-time high and undercutting its 50 DMA line ($1920) with today's big loss. Prior mid-day reports recently noted - "Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Prior quarterly and annual earnings (A criteria) history was not a great match with the investment system's guidelines."
10/3/2018 12:13:01 PM - Extended from any sound base and enduring distributional pressure in recent weeks while still perched near its all-time high after finding support at its 50 DMA line. Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Prior quarterly and annual earnings (A criteria) history was not a great match with the investment system's guidelines.
9/17/2018 12:14:50 PM - Encountering distributional pressure and retreating from its all-time high after getting very extended from any sound base. Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Prior quarterly and annual earnings (A criteria) history was not a great match with the investment system's guidelines.
9/6/2018 12:20:02 PM - Retreating from its all-time high, and it is very extended from any sound base. Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Prior quarterly and annual earnings (A criteria) history was not a great match with the investment system's guidelines.
9/5/2018 12:18:10 PM - Perched at its all-time high following 7 consecutive gains, very extended from any sound base. Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Annual earnings growth has been strong since FY '15 after an erratic history.
8/30/2018 12:30:50 PM - Hitting a new all-time high with today's 5th consecutive gain, getting more extended from any sound base. Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Annual earnings growth has been strong since FY '15 after an erratic history.
8/15/2018 11:50:50 AM - Perched at its all-time high, extended from any sound base. Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Annual earnings growth has been strong since FY '15 after an erratic history.
7/30/2018 12:11:44 PM - Churning heavy volume while perched at its all-time high, extended from any sound base. Earnings increases in the 3 latest quarterly comparisons through Jun '18 were very strong. Annual earnings growth has been strong since FY '15 after an erratic history. Today marks its first appearance in the mid-day report since 11/29/10.
11/29/2010 12:09:15 PM - Hit a new 52-week high today while making its 3rd consecutive appearance in this mid-day report. It found prompt support near its 50 DMA line during its consolidation since noted in the 10/22/10 mid-day report - "Earnings were up +13% on +39% sales revenues in the latest quarter ended September 30, 2010, which is a new flaw with respect to the C criteria. Technically there is no resistance remaining due to overhead supply. Based on weak action it was dropped from the Featured Stocks list on 5/06/10, and after a subsequent trip below its 200 DMA line it recently rallied to new all-time highs. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter."
11/26/2010 10:51:40 AM - Perched near its 52-week high today following a gap up gain on the prior session. It found prompt support near its 50 DMA line during its consolidation since last noted in the 10/22/10 mid-day report - "Earnings were up +13% on +39% sales revenues in the latest quarter ended September 30, 2010, which is a new flaw with respect to the C criteria. Technically there is no resistance remaining due to overhead supply. Based on weak action it was dropped from the Featured Stocks list on 5/06/10, and after a subsequent trip below its 200 DMA line it recently rallied to new all-time highs. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter."
11/24/2010 12:24:51 PM - Gapped up today for a new 52-week high. It found prompt support near its 50 DMA line during its consolidation since last noted in the 10/22/10 mid-day report - "Earnings were up +13% on +39% sales revenues in the latest quarter ended September 30, 2010, which is a new flaw with respect to the C criteria. Technically there is no resistance remaining due to overhead supply. Based on weak action it was dropped from the Featured Stocks list on 5/06/10, and after a subsequent trip below its 200 DMA line it recently rallied to new all-time highs. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter."
10/22/2010 12:35:23 PM - Up with heavy volume today for a second consecutive new high. Earnings were up +13% on +39% sales revenues in the latest quarter ended September 30, 2010, which is a new flaw with respect to the C criteria. Technically there is no resistance remaining due to overhead supply. Based on weak action it was dropped from the Featured Stocks list on 5/06/10, and after a subsequent trip below its 200 DMA line it recently rallied to new all-time highs. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter."
10/21/2010 12:16:53 PM - Gapped up today and hit a new high. While posting a big gain with heavy volume, in the 10/15/10 mid-day report it was noted - "Fundamentals remain very strong with respect to the C and A criteria, and technically there is no resistance remaining due to overhead supply. It is ideal for investors watchlists, however the short consolidation in recent weeks does not appear to be a sound base pattern, while in time it may form a proper base. Based on weak action it was dropped from the Featured Stocks list on 5/06/10, and after a subsequent trip below its 200 DMA line it recently rallied to new all-time highs. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter."
10/15/2010 12:49:13 PM - Fundamentals remain very strong with respect to the C and A criteria, and technically there is no resistance remaining due to overhead supply. It is ideal for investors watchlists, however the short consolidation in recent weeks does not appear to be a sound base pattern, while in time it may form a proper base. Based on weak action it was dropped from the Featured Stocks list on 5/06/10, and after a subsequent trip below its 200 DMA line it recently rallied to new all-time highs. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter.
5/6/2010 5:26:17 PM - Based on weak action it will be dropped from the Featured Stocks list tonight. A damaging gap down on 5/04/10 violated its 50 DMA line and triggered a technical sell signal. Broader market action (M criteria) is normally expected to impact 3 out of 4 stocks, and widespread losses effectively ended the latest rally. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter.
5/6/2010 4:12:14 PM - G - Considerable loss today on heavy volume. Based on weak action it will be dropped from the Featured Stocks list tonight. A damaging gap down on 5/04/10 violated its 50 DMA line and triggered a technical sell signal. Broader market action (M criteria) is normally expected to impact 3 out of 4 stocks, and widespread losses effectively ended the latest rally. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter.
5/6/2010 4:04:55 PM - G - Considerable loss today on heavy volume. Based on weak action it will be dropped from the Featured Stocks list tonight. A damaging gap down on 5/04/10 violated its 50 DMA line and triggered a technical sell signal. Broader market action (M criteria) is normally expected to impact 3 out of 4 stocks, and widespread losses effectively ended the latest rally. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter.
5/5/2010 3:51:19 PM - G - Held its ground today after a damaging gap down on 5/04/10 violated its 50 DMA line and triggered a technical sell signal. Broader market action (M criteria) is normally expected to impact 3 out of 4 stocks, and widespread losses are adding to concerns about the current rally's tenacity. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter.
5/4/2010 4:10:33 PM - G - Gapped down today and quickly violated its 50 DMA line with a considerable loss, raising concerns and triggering a technical sell signal. Broader market action (M criteria) is normally expected to impact 3 out of 4 stocks, and widespread losses are adding to concerns about the current rally's tenacity. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter.
5/4/2010 1:40:54 PM - G - Gapped down today then quickly violated its 50 DMA line. Technically, the weak action raises concerns. Broader market action (M criteria) is normally expected to impact 3 out of 4 stocks, and widespread losses are adding to concerns about the current rally's tenacity. AMZN was featured in the 4/23/10 mid-day report (read here) while it was encountering distributional pressure following strong results for the March 31, 2010 quarter.
5/3/2010 5:51:10 PM - G - Quietly consolidating above its 50 DMA line. It was featured in the 4/23/10 mid-day report (read here) while encountering distributional pressure following strong results for the March 31, 2010 quarter. Stocks that are "healthy" do not drift more than -7% below their pivot point after a fresh buy signal. Pyramiding into positions and limiting losses are critical parts to success.
4/30/2010 5:49:11 PM - G - Loss today on light volume, falling toward its 50 DMA line. It was featured in the 4/23/10 mid-day report (read here) while encountering distributional pressure following strong results for the March 31, 2010 quarter. Stocks that are "healthy" do not drift more than -7% below their pivot point after a fresh buy signal. Pyramiding into positions and limiting losses are critical parts to success.
4/29/2010 4:33:38 PM - G - It was featured in the 4/23/10 mid-day report (read here) while encountering distributional pressure following strong results for the March 31, 2010 quarter. Stocks that are "healthy" do not drift more than -7% below their pivot point after a fresh buy signal, which emphasizes the importance of buying as near the pivot point as possible.
4/28/2010 4:22:40 PM - G - Slumped further below its pivot point today and closed near the session low, undercutting its old high closes raised concerns. Color code is changed to green. In recent weeks it rose from a 4-month cup shaped pattern to new multi-year highs. AMZN was featured in the 4/23/10 mid-day report (read here) while encountering distributional pressure following strong results for the March 31, 2010 quarter. Technically, it had risen above the pivot point cited (based on its 12/03/09 high plus .10) with twice average volume behind its 4/22/10 gain. Recent quarterly comparisons show sales revenues acceleration with 3 consecutive quarterly earnings per share increases in the +60% range, along with a solid annual earning history - satisfying the C and A criteria.
4/27/2010 4:07:39 PM - Y - Gapped down for a loss today, falling below its pivot point amid widespread weakness. In recent weeks it rose from a 4-month cup shaped pattern to new multi-year highs. AMZN was featured in the 4/23/10 mid-day report (read here) while encountering distributional pressure following strong results for the March 31, 2010 quarter. Technically, it had risen above the pivot point cited (based on its 12/03/09 high plus .10) with twice average volume behind its 4/22/10 gain. Subsequent losses undercutting its old high closes would raise concerns. Recent quarterly comparisons show sales revenues acceleration with 3 consecutive quarterly earnings per share increases in the +60% range, along with a solid annual earning history - satisfying the C and A criteria.
4/26/2010 4:09:32 PM - Y - Posted a gain today with above average volume as it rebounded back for a close above its pivot point. The confirming gains were reassuring to see. In recent weeks it rose from a 4-month cup shaped pattern to new multi-year highs, and AMZN was featured in the 4/23/10 mid-day report (read here) while encountering distributional pressure following strong results for the March 31, 2010 quarter. Technically, it had risen above the pivot point cited (based on its 12/03/09 high plus .10) with twice average volume behind its 4/22/10 gain. Subsequent losses undercutting its old high closes would raise concerns. Recent quarterly comparisons show sales revenues acceleration with 3 consecutive quarterly earnings per share increases in the +60% range, along with a solid annual earning history - satisfying the C and A criteria.
4/23/2010 4:37:52 PM - Y - In recent weeks it rose from a 4-month cup shaped pattern to new multi-year highs, and AMZN was featured in today's mid-day report (read here) while encountering distributional pressure following strong results for the March 31, 2010 quarter. Technically, it had risen above the pivot point cited (based on its 12/03/09 high plus .10) with twice average volume behind its 4/22/10 gain. Confirming gains would be reassuring to see, while subsequent losses undercutting its old high closes would raise concerns. Recent quarterly comparisons show sales revenues acceleration with 3 consecutive quarterly earnings per share increases in the +60% range, along with a solid annual earning history - satisfying the C and A criteria.
4/23/2010 12:32:38 PM - Y - Recent quarterly comparisons show sales revenues acceleration with 3 consecutive quarterly earnings per share increases in the +60% range, along with a solid annual earning history - satisfying the C and A criteria. In recent weeks it rose from a 4-month cup shaped pattern to new multi-year highs. It gapped down today, although results for the March 31, 2010 quarter topped estimates, after technically breaking out with twice average volume behind its 4/22/10 gain.
7/23/2009 12:38:38 PM - Recent quarterly sales and earnings increases have been under guidelines. Rose this week from a double bottom type chart pattern, rallying near multi-year highs.
10/23/2007 12:28:43 PM - Gapped up ahead if its third quarter earnings report due at the close of trading. Poor annual earnings history (bad A criteria).
7/26/2007 12:26:06 PM - No base.