Tag: Amazon.com Inc. (NASDAQ:AMZN)

Next Week Could Change Everything

Posted on by The INO.com Team

Next week, the Federal Reserve Board is set to meet between the 15th and the 17th to discuss the economy and if they should raise interest rates. There is not a unanimous opinion either in the marketplace, or the Fed itself regarding interest rates.

Should they choose to incrementally raise interest rates, the reaction in the market would tell us a lot about what the next big swing is going to be in stocks. I am not an economist nor do I have a crystal ball or inside track on what the Fed wants to do. What I do know is that the market will tell us what it wants to do and not the Fed. Right now, the major trend is down in all the indices and shows no real signs of reversing that trend any time soon. Continue reading "Next Week Could Change Everything" →

Amazon Knows Exactly What It's Doing

Posted on by The INO.com Team

When Jeff Bezos founded Amazon.com, Inc. (NASDAQ:AMZN) back on July 5, 1994 to sell books online, he had a much bigger goal in mind that no one else could see.

Mr. Bezos named his fledgling e-commerce company Amazon after the river and for good reason.

The Amazon River is the largest river in the world and it dwarfs the water output of the next seven largest rivers combined! That was Jeff Bezos's ambition... to dwarf every other company in the world and so far he is succeeding.

I imagine that Sam Walton, the genius who created Walmart, was an inspirational role model for Mr. Bezos. Yesterday, Amazon surpassed Walmart in sales - no small feat given the fact that Walmart has been around since Sam Walton founded this company in 1962, over half a century ago! Like Sam Walton, Jeff Bezos took a similar approach to retailing - to make products readily available at better prices than anybody else. Somewhere down the line, I would not be surprised to see Amazon open up brick and mortar stores. Continue reading "Amazon Knows Exactly What It's Doing" →

Hello Europe, Life Goes On

Posted on by The INO.com Team

"In three words I can sum up everything I've learned about life: it goes on."

How true that quote is! It comes from prize winning Pulitzer poet, Robert Frost.

I think the same can be said about markets and countries: they go on.

This morning, there is hope that something can be hammered out with Greece before the week is out. I am not sure how many weeks we have been looking for a resolution to this European drama, I've just lost count. It is time for the Greeks to make a deal and for life to go on.

Let's put that all aside today and look at six stocks that I talked about last week. All six of these stocks ended up in the plus column for the week. Continue reading "Hello Europe, Life Goes On" →

Can An Old Chinese Custom Save Greece?

Posted on by The INO.com Team

It seems like this weekend is crunch time for Greece and the EU. At first I thought it was inevitable that Greece would exit the euro... Now I'm not so sure and it all has to do with Face.

In Chinese culture, nothing is quite as important as the concept of Face. Face represents a person's reputation and feelings of prestige within multiple social circles, including the workplace, family, friends, and society. This perhaps is the one of the most difficult concepts for most Western societies to understand.

Gaining and losing Face is serious business and could be why the EU and Greece may resort to a Face-saving solution. Greece will get what it needs (53 to 55 billion dollars) and the EU saves Face by keeping Greece in the euro zone.

So in my opinion, the whole EU deal rests on Face and not on billions of dollars. We should see this tragic, comedy of errors play out this weekend and be settled. Certainly the markets would like that to be the case.

Just talks of a solution was enough to rally the markets overnight and going into the weekend it's going to be very important to see where these markets close. Continue reading "Can An Old Chinese Custom Save Greece?" →

Bingo, Stocks in the "Buy Zone"

Posted on by The INO.com Team

What's with these crazy markets? For the past several months, the stock indexes have been moving sideways without any clear trend. This has proven to be very frustrating for many traders. However, there are many markets that are trending right now that can be traded profitably.

Have you looked at the bank stocks lately? Almost all of the financial stocks are moving higher and have been for quite some time. Stocks like: Continue reading "Bingo, Stocks in the "Buy Zone"" →