Hello Everyone,
Quick Note: Big rally today (squeeze) as the SPX came back up to the 4300+ area before some late day selling. However, after the close AMZN and AAPL have both reversed. AMZN dropped nearly 300 points. Bottom line is that the backdrop (as I've stated) is extremely tough with the consumer weakening. These stocks are not cheap on a fundamental basis plain and simple.
Please take a moment to look at the trade ideas.
