Here is what the chart would look like if it were trading in regular hours, after the Amazon earnings miss. How do you like my art work? Ugly, I know.

amzn daily chart after amazon earnings

That is it for me with the ‘bounce’ scenario. I dumped SPY after hours for a minor loss and GOOGL for a reduced profit. The internets were the strongest group and if this goes south where are the rats going to run?

I’ll contentedly sit mostly in cash, Treasuries and a few shorts until I get a read on things.

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