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.

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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), Amazon.com 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:

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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 ...

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