Amazon is Awesome

Monday, June 4, 2018

Exciting Start to the Week in the Market


  • Apple is holding its annual developers conference starting today and this time the stock didn't drop. It actually hit a new high again. Amazon hit a new all time high as it was up the whole day. Alphabet was up for most of the day also. Facebook didn't lose too much after the new report on the sharing of user data.
  • Microsoft hit a new high with news of their purchase of Github.
  • Nvidia hit an all time high also today. Netflix was up, but Micron was not. 
  • Almost all retail stocks were up today including Macy's hitting a 52 week high, Home Depot gained 4 points, Walmart and Best Buy were up too. 
  • Boeing was up with positive news before market open which appears to be a reoccurring theme, but it struggles to hold on to its gains.
  • Verizon, the bank stocks and oil stocks were down today. 
  • Tuesday is setting up to be a day of retraction and I am sure Trump will have something to say for Wednesday to create a drop. The market is going up as the Nasdaq hit a new all time high today, but there appears  to be a reason every week for a drop.

No comments:

Post a Comment

Profits Only, Please!!!

I have spent the last 2 years trying to figure this day trading with options thing out. I hit an ultimate low this past Tuesday and felt lo...