Amazon

The World’s First Trillionaire?

The World’s First Trillionaire?

Jeff Bezos could become the founding member of the “Four Comma Club” Recently, one of my favorite financial writers, Barbara Kollmeyer of MarketWatch, wondered if Jeff Bezos could become the world’s first trillionaire. It’s not so outlandish a thought. The CEO of Amazon is already one-seventh of the way there. To grow your fortune by […]

Trade of the Week: Amazon

Trade of the Week: Amazon

Amazon (AMZN) reported earnings this past week and beat on revenues but missed on the bottom line. Revenues were higher than expected with so many people ordering products online, but the company had higher costs due to changes made necessary by the pandemic. While AMZN has an uncertain outlook for the remainder of the year […]

Trade of the Week: Unusual Options Activity in Amazon

Trade of the Week: Unusual Options Activity in Amazon

Recently, there has been unusual options activity in Amazon (AMZN). The online retail giant has seen a record amount of business this holiday season. While it could be simply a matter of fewer people wanting to fight the holiday crowds, it also is a sign that consumer spending in the US has remained strong. After […]

This Retailer’s Stock Has Out Performed Amazon Since 2008

This Retailer’s Stock Has Out Performed Amazon Since 2008

On Friday, the government released two economic reports that were emblematic of what’s been happening with the U.S. economy for several months. To skip all the technical jargon, consumers are quite happy while factories are not. To be more specific, consumer spending remains fairly robust. Folks are out there at the malls buying things at […]