3 things to do right now if you’re worried about market conditions
Feb 04, 2022Good morning!
Amazon “beat” earnings yesterday and jobs came in at 467,000 which is being characterized as “surprisingly powerful” by CNBC.
Not sure I buy it.
Current trading action feels like a classic short-covering rally.
Here’s my playbook.
1 – AMZN: no reason for FOMO
Many investors are celebrating AMZN’s earning “beat” but a review is in order.
- Single-digit revenue growth of 9% YoY
- Q1 Guidance of 3%-8% YoY, decelerating
