In case you weren't paying attention, we just crashed. A nice, tidy 10% pull in just a few days. Blood in the streets, yadda yadda yadda. If I'm not seeming too panicky, that's because I'm not. It had been a very long time without a decent correction in the market, so some kind of pullback
Amazon reports earnings in just a few days, so I wanted to share my thoughts on the stock and a potential trade for you to consider. This is an "earnings trade," meaning that it's a more risky kind of setup because of the event risk surrounding the stock. But that's why we are here, right?
**UPDATE** Since I made this post, the markets have dropped about 5% off their all time highs. This is statistically normal. This is good enough to start looking for some short term bounce plays. If you want my exact option trading setups, then join Proactive Spreads today. Also... I had Chinese for lunch. You know what