How To "Sell The News" On AMZN For A Fast 73% Gain

I bet you've heard the phrase "Buy the rumor, sell the news" a million times by now, right?

Well, there's a really good reason for that: It's a genuine, tradeable market pattern that can – and does – make people money every day the markets are open.

If you've seen good stocks sell-off after good earnings reports, that's selling the news. If you see a tech stock sell-off after hurdling a lawsuit or marketing some new breakthrough, that's selling the news.

News-selling is easy to recognize once you know what you're looking for, and it hands us traders a whole range of opportunities to make money – and you don't necessarily need to short the stock, either. At the very least, selling the news can be a buy-the-dip opportunity that'll make you money down the road.

Office, Business, Accountant, Accounting

Image Source: Pixabay

But I know a "low-risk, high-probability" move to make on this kind of activity that'll put $70 in your pocket right away, and, even better, set you up for a nearly 74% win in just 10 days or so.

Here it is…

Money Is Moving Out of the FAANGS

The S&P 500 closed out the first trading week of December in style, at a new high just below 3,700, which really confirms the holiday trading pattern I've been telling you about lately.

But, like I said last week, not every stock is joining in the fun. Most of the FAANGs have traded sideways or even declined since we got word that a crop of effective COVID-19 vaccines were on the way.

Oh, and just to be clear, I'm talking about the classic FAANGs here: Facebook Inc. (Nasdaq: FB), Inc. (Nasdaq: AMZN), Apple Inc. (Nasdaq: AAPL), Netflix Inc. (Nasdaq: NFLX), and Google/Alphabet Inc. (Nasdaq: GOOGL). We'll go over the broader FANGTANMANs or whatever you want to call 'em another time.

Here's Facebook, which has slid lower to the point where it's consolidating in the $275-$285 range and isn't showing any get-up-and-go:

1 2 3
View single page >> |

Disclaimer: Any performance results described herein are not based on actual trading of securities but are instead based on a hypothetical trading account which entered and exited the suggested ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.