Why Amazon Could Be the Sleeper Stock of the Summer

And there are PROBLEMS with market liquidity

I’ll be live at 2 p.m. ET today to share details on how I’m targeting double- or even triple-digit gains on gold’s next leg up   There Are PROBLEMS With Market Liquidity   First, here’s a very short survey I’d like you to fill out when you have a couple of minutes. It will directly impact the type of content we deliver here, so I’d love to see what you think! There are only four questions so it shouldn’t take more than a few minutes — thank you in advance! If you have been trading longer than a week, you should know that the last few weeks have been anything but "business as usual" in the U.S. markets. Yesterday we set a record low on the top of book, where it only took $1.39M of liquidity to push the SPX 1 point in either direction.  We have a liquidity problem! Come join me as we dive in and see what’s moving!  Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day.    — — —  Why Amazon Could Be the Sleeper Stock of the Summer Amazon (AMZN) just did something almost nobody was expecting — and it could be the start of a major move higher. The Consumer Discretionary (XLY) giant tagged the top of the bubble from late 2021 and reversed almost perfectly. I’ll admit it — even I’m a little surprised how cleanly it nailed that target. But the bigger story is what happens next. If you’re looking for a sleeper stock to watch this summer, Amazon — though one of the biggest companies in the world — just made the list. A Major Setup Taking Shape Amazon’s pullback hasn’t broken any major patterns yet. Instead, it walked right into support and started to stabilize. This is the kind of setup that often gets ignored because there’s no huge headline news driving it — but that’s exactly why it could be one of the best opportunities on the board. If Amazon holds these levels and starts to turn higher, it sets up a potential move toward $300. That’s not a typo. A clean breakout from here could drive a major rally through the summer months. Of course, nothing is ever guaranteed in trading. If Amazon makes another lower low, the setup gets delayed. But as of right now, the stock is sitting in a critical zone where the risk-reward heavily favors the bulls. Why It Matters Now Tech and Consumer Discretionary names have been choppy lately, but that’s where the biggest upside can come from once the market finds its footing. Amazon is quietly lining up all the right pieces — technical support, a clean chart, and a spot where most traders aren’t paying attention. This isn’t some “hail Mary” play either. It’s a textbook setup where you know quickly if you’re right or wrong. And if it works, Amazon could be one of the biggest surprises of the summer rally. Keep it on your radar. Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!   ‘Morning Monster’ Is Starting NOW! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time! And be sure to hit that Subscribe button on my YouTube page! _____________________________________________________ There’s a Better Way to Play Gold… Without Buying a Single Ounce  I’ll be live at 2 p.m. ET today to share details on how I’m targeting double- or even triple-digit gains on gold’s next leg up… And I’ll share how you can do it, too!   Snag Your Access Link Now! Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! Please check out my channel and hit that Subscribe button! I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me.  *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.

I’ll be live at 2 p.m. ET today to share details on how I’m targeting double- or even triple-digit gains on gold’s next leg up   There Are PROBLEMS With Market Liquidity   First, here’s a very short survey I’d like you to fill out when you have a couple of minutes. It will directly impact the type of content we deliver here, so I’d love to see what you think! There are only four questions so it shouldn’t take more than a few minutes — thank you in advance!   If you have been trading longer than a week, you should know that the last few weeks have been anything but "business as usual" in the U.S. markets. Yesterday we set a record low on the top of book, where it only took $1.39M of liquidity to push the SPX 1 point in either direction.  We have a liquidity problem!   Come join me as we dive in and see what’s moving!    Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day.    — — —  Why Amazon Could Be the Sleeper Stock of the Summer   Amazon (AMZN) just did something almost nobody was expecting — and it could be the start of a major move higher.   The Consumer Discretionary (XLY) giant tagged the top of the bubble from late 2021 and reversed almost perfectly. I’ll admit it — even I’m a little surprised how cleanly it nailed that target.   But the bigger story is what happens next. If you’re looking for a sleeper stock to watch this summer, Amazon — though one of the biggest companies in the world — just made the list.   A Major Setup Taking Shape   Amazon’s pullback hasn’t broken any major patterns yet. Instead, it walked right into support and started to stabilize. This is the kind of setup that often gets ignored because there’s no huge headline news driving it — but that’s exactly why it could be one of the best opportunities on the board.   If Amazon holds these levels and starts to turn higher, it sets up a potential move toward $300. That’s not a typo. A clean breakout from here could drive a major rally through the summer months.   Of course, nothing is ever guaranteed in trading.   If Amazon makes another lower low, the setup gets delayed. But as of right now, the stock is sitting in a critical zone where the risk-reward heavily favors the bulls.   Why It Matters Now   Tech and Consumer Discretionary names have been choppy lately, but that’s where the biggest upside can come from once the market finds its footing. Amazon is quietly lining up all the right pieces — technical support, a clean chart, and a spot where most traders aren’t paying attention.   This isn’t some “hail Mary” play either. It’s a textbook setup where you know quickly if you’re right or wrong. And if it works, Amazon could be one of the biggest surprises of the summer rally.   Keep it on your radar.   Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!   ‘Morning Monster’ Is Starting NOW! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!   And be sure to hit that Subscribe button on my YouTube page! _____________________________________________________ There’s a Better Way to Play Gold… Without Buying a Single Ounce   I’ll be live at 2 p.m. ET today to share details on how I’m targeting double- or even triple-digit gains on gold’s next leg up…   And I’ll share how you can do it, too!   Snag Your Access Link Now! Jeffry Turnmire Jeffry Turnmire Trading   I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!   Please check out my channel and hit that Subscribe button!   I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.   I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me.    *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to reunisoft.cryptonews@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to reunisoft.cryptonews@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub