Amazon Stock Split Not Enough To Carry... Where's Goldilocks?

person using MacBook Pro on table

Image Source: Unsplash

Amazon Inc (Nasdaq: AMZN) 20:1 stock split generated a lot of option activity today but finished well off of its high. The lack of momentum carried over to the broad market as well as they finished just off it the lows. The lack of ability for an innocuous event like a split to create much lift reflects the state we're in. The "Goldilocks economy" of 2008 may be ready for a reappearance (AMZN, K, KWEB, FXI, ASHR, ZTO)

Video Length: 00:21:00

Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with