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Stockreport

Why the tech stock rally may only be starting [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
The Nasdaq Composite ( ^IXIC ) entered Monday's session on a 13-day win streak. According to veteran strategist and Trivariate Research founder Adam Parker, this has happened six times since 1989. In four out of the six periods, tech performed well after notching such a hot 13-session run, averaging a three-month forward return of 5.4%. The best performance came around the COVID-19 pandemic in April 2020, as seen below. It's still a tech stock world. · Trivariate Research "Our view looking at this is that we should be more bullish on the technology sector, evaluating the history of the strong earnings growth forecasts and the sharp market trading reversal," Parker said. But the reason to stay bullish on tech stocks isn't just a function of statistical quirks. The reality is that the ongoing AI boom will help drive strong earnings growth for everyone from chipmaker Nvidia ( NVDA ) to AWS owner Amazon ( AMZN The sector's 24-month forward earnings growth is "too high for tec [Read more]

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Stockreport

Why the tech stock rally may only be starting [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
The Nasdaq Composite ( ^IXIC ) entered Monday's session on a 13-day win streak. According to veteran strategist and Trivariate Research founder Adam Parker, this has happened six times since 1989. In four out of the six periods, tech performed well after notching such a hot 13-session run, averaging a three-month forward return of 5.4%. The best performance came around the COVID-19 pandemic in April 2020, as seen below. It's still a tech stock world. · Trivariate Research "Our view looking at this is that we should be more bullish on the technology sector, evaluating the history of the strong earnings growth forecasts and the sharp market trading reversal," Parker said. But the reason to stay bullish on tech stocks isn't just a function of statistical quirks. The reality is that the ongoing AI boom will help drive strong earnings growth for everyone from chipmaker Nvidia ( NVDA ) to AWS owner Amazon ( AMZN The sector's 24-month forward earnings growth is "too high for tec [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS