sp'60min
Summary
*earnings due from AMZN
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So.. a bit of a choppy day.. but with another new historic high in the sp'500.
I hold moderately long overnight, via the R2K.
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*Clown finance TV interview at 5pm EST, Liesman and King O'... the primary topic will be the economy/business. No doubt the algo-bots will be quietly...listening.
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more later.. on the VIX
4.22pm.. AMZN earnings... lousy .. a loss of 27 cents per share....vs. 15 loss .. expected.
It remains a joke of a company, the height of 'crony capitilism', with arguably the worse board of directors in the western world.
Global turnover of $70bn or so, and they still can't turn a profit.
AMZN -5.5%....but.. as ever...it often reverses on the day after earnings.