Articles tagged with AMZN
One Of My Favorite Ratios Is Scorching Hot ??
For a long time, and certainly throughout 2022, consumer discretionary (XLY) was under tremendous selling pressure as both Amazon.com (AMZN) and Tesla (TSLA), the top two component stocks in the ETF, fell precipitously. However, both stocks have now stabilized, despite the weak response to AMZN's quarterly report on Friday, and we're now seeing this key consumer ETF outpacing the more defensive consumer area - staples (XLP):...keep reading