Tag AMZN

Entries 3 Total

$SPX : Bulls yet?

Sep 19, ’11 5:05 PM

 

The market has refused to go down for the past 5 trading days since touching the the low of around 1100 during August.

Back then the mood is terrible. Market has wild swings and the trading range is huge. However, with the 1100 ‘bottom’, the support level seems to have held and trading range has narrowed.

We have since see SPX forming higher low, though there is no higher high yet.

With ‘less fear’ in the market now, the question is, “Are we in a bulls market yet?”

From the Ichimoku Chart, we can see:

1. Market has been forming lower lows

2. The kumo is fairly thick; suggesting resistance ahead

3. Weak Tenkan sen – Kijun sen cross

The Tenkan sen – Kijun sen cross signals the attempt that the market is trying to rally back. However, huge resistance comes in the face of the thick kumo.

Unless the price level can break out of the kumo, the view remains bearish.

And if the price level retrace and trades within the kumo, it represents uncertainty and there is no clear bearish/bullish trend if the range is between 1230 and around 1200

Under such conditions, I will continue to short the weak stocks. RIMM.

On my watchlist, I am ready to long the stronger players including $AMZN, $AAPL, $UA; all of which are trading above the kumo.

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$AAPL, $AMZN, $IBM, $BIDU : 4 stocks above kumo

Aug 9, ’11 11:00 PM

 

 

There are definitely more than 4 stocks that still looks bullish on the Ichimoku charts.

However, my favourites are :

 

 

 

 

I have chosen them for the following reasons:

1. They have cash.

2. They are market leaders within their segment

3. Pricing power and economies of scale.

4. Technically on the Ichimoku charts, they are still on top of the kumo support or above the kumo; which are bullish signs.

For $BIDU, we could easily substitute it with $GOOG. In my case, I want a proxy for the China market and in this case $GOOG fails the test.

Both $AAPL and $AMZN are extending their revenue beyond their core. In $AAPL case, the apps revenue and ads revenue will increasingly adds on and even be much more than its hardware sales.

In $AMZN, the cloud computing platform which they are offering will see increasing value as they target entreprise customers in the likes of brokerages etc.

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Amazon : The World’s Best Retailer

Mar 31, ’09 1:09 PM

Barron has a cover story on Amazon (AMZN).

A fairly long article and I recommend reading it at http://online.barrons.com/article_print/SB123819715466061661.html?page=1

What I like about Amazon (and it is on my watchlist) :

  • Leading E-Commerce (or online) business; Great moat here. Will we see an Amazon alternative?
  • Survived the dot com bubble (ie. It has went through recession and has emerged much stronger)
  • New channels and other revenue generating products/services in place (Kindle, cloud services etc

I believed the 3 points above provides sufficient evidence that Amazon will survived this recession and more importantly will have new services or channels revenue that can help grow its revenue as the online business continue to change and Amazon matures further.

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