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Animal Spirits: Flash Crash or Recession?
Michael Batnick
August 07, 2024
Traders: Is Amazon Primed for More Upside or a Bearish Reversal?
Amazon surpassed $200/share, and its upcoming quarterly earnings could drive further movement. The Direxion Daily AMZN Bull 2X Shares and Direxion Daily AMZN Bear 1X Shares (AMZU and AMZD ) seek daily investment results, before fees and expenses, of 200% and 100% of the opposite, respectively, of the performance of the common shares of Amazon.com Inc. Explore AMZU and AMZD.
Distributor: Foreside Fund Services, LLC.
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On today’s show, we discuss:
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We haven’t seen the VIX at 50 and credit spreads hanging in this well. One or both of these looks wrong.
— boaz weinstein (@boazweinstein)
12:14 PM • Aug 5, 2024
Let me tell you something
Jerome Powell choked
HE CHOKED!!!
Legacy game, soft landing on the line and the man flat out choked
— Ben Carlson (@awealthofcs)
1:28 PM • Aug 5, 2024
The Sahm Rule Recession Indicator triggered in July; Fed Chair Powell said it's not an economic rule, but a statistical regularity. In any event, here we are.
— Liz Young Thomas (@LizThomasStrat)
12:43 PM • Aug 2, 2024
It’s been the second longest manufacturing recession in history
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi)
12:46 PM • Aug 4, 2024
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