Did you breath a sigh of relief with todays market rally? If you are long stocks today was a welcome relief from the volatility at the close of the previous 2 trading days. One stock that I am long in is AMZN. I have been for years. I also day trade it often with Options. Regardless of your trading / investing style todays 3.20% gain was welcomed.
AMZN has had one heck of a run back up from the start of 2023 when it was trading around $80.00 per share. And it recently just pulled up out the 2nd pullback from this trends long run up. There’s not a lot of consolidation here but there are signs of continued strength. Options traders are entering into it for the JUN 21 Expiration. And on a much shorter time frame ( our original chart is a 5 year using Weekly bars ) the 2 hour chart is showing stability for short term traders. As you can see the old Resistance is now the new Support. A strong lift from this area would be welcomed.
AAPL just reported, they didn’t just beat, they smashed and shares are now at $184.00 a share.
Invest wisely, live charitably and be well
Brother Bill
DISCLAIMER: All content provided in this newsletter, blog, webinar, video, chart, communication is for Educational and Entertainment purposes only. Nothing included or mentioned is meant to be construed or used as trading / investment / financial advice. Trading / investing carries risk of loss, losses can and do occur. NO recording aloud…Know your risk and risk of loss before taking on any financial endeavors. Past performance is NOT a guarantee of future success. I am NOT a licensed or registered financial advisor or tax accountant. Prior to making any trading / investing / financial decisions you should always consult with your licensed and registered financial advisor and tax accountant. There are no recommendations or solicitations to buy, sell or hold any stock, future, options or bonds or any other financial entity in this newsletter. Nor are there any recommendations on any type or way or method to trade / invest. You do not have permission to redistribute this newsletter without my written permission first.
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Investing With Faith 
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I have a friend that runs a digital media agency in Mumbai, India. 50 person firm with great resources, talent and AFFORDABILITY! They also do a lot of work for mutual fund companies in India. They are looking to expand into the US. This could be a good match for you as they could handle a ton of your back office and promotions freeing you up to trade and generate your easy to read, right to the point content!
I’ll be back in touch regarding getting together this weekend!
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