The Rotation Back to Amazon ($AMZN)
Today I read "Over Half of All American Shoppers Will Subscribe to Amazon Prime Next Year". Sure, the headline sounds like clickbait, but the estimate is pretty spot on from eMarketer. Even if it's not next year.... if by 2021, Amazon has 1/2 of the US subscribing to their Prime products is jaw-dropping.
You can read the full article here.
Amazon has been trading kind of flat since their all-time highs, but with a solid Q4... can we expect a breakout in the spring?
You can read the full article here.
Amazon has been trading kind of flat since their all-time highs, but with a solid Q4... can we expect a breakout in the spring?
Pierce Crosby
GM, Americas @ TradingView
GM, Americas @ TradingView
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