If Apple (AAPL) and Amazon (AMZN) led the market during the post Trump election win, why shouldn't they be hinting at some turbulent markets ahead this spring?
There is no definitive answer to that question right now, of course, but the recent movements in the shares of each tech giant of late warrant close attention. Apple and Amazon have fallen 1.8% and 1.2%, respectively, over the last five trading sessions, as investors have become more skeptical on the Trump administration and increasingly worried about geopolitical risk.
For starters, increased geopolitical risk must be priced into global business giants such as Apple and Amazon. How can everything going on right now with China and North Korea not be a reason to be more cautious on Apple, which views China as an important market?
As for Amazon, the barrage of negative headlines here in the U.S. could begin to weigh on consumer confidence and how tax refunds are spent this spring.
Listen, while the world isn't ending and the stock market will unlikely fall 10% during the next week, it's important to keep track of leaders like Apple and Amazon. A few more sessions like the ones they have been having could be cause for real worry.
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Amazon's Jeff Bezos has an inspirational new annual letter out: With Amazon's stock riding high over the past year, kudos to founder Jeff Bezos for taking us inside his thinking. Bezos' latest annual letter offers several key business tips, TheStreet reports. How can one not listen to this guy? Especially given his success.
The Dodge Demon is insane: In all my years on this planet, never have I seen a production car as insane as the new Dodge Demon.Pricing wasn't shared, but if I had to guess, it will be between $85,000 and $95,000. Important to keep a Dodge under that $100,000 price tag, no matter if it's a street legal race car.
Walmart will pay you to visit its stores: Getting back to Amazon, it better watch its back. Walmart (WMT) continues to impress with how fast it's catching up online under the leadership of Jet.com founder Marc Lore. The company's new discount program unveiled on Wednesday is rather ingenious, and something that could sweep across the entire retail sector.
Source: The Street
Junior Trader Stefan Panteleev
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