Oct 25 2018 - AMZN & GOOG Selling Off After Hours
The major indexes bounced today but the short-term trends remains bearish. None of the indexes could close above their respective 5-day EMAS. The VIX barely budged at all, only losing 4%.
Amazon (AMZN) and Google (GOOG) are both selling off after their latest quarterly earnings report. AMZN gained $117 on the day, only to give back $100 after the 4pm ET close. Google/Alphabet rose $46 during regular hours and is now down $30 after market.
We also discuss LUV & GRUB's earnings crash, MSFT's weak price action along with DAL & WMT's strength.
Have a fantastic Friday!
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