ChartPros Market Insights
June 12 Chart of the Day - Amazon
Amazon (AMZN) is well off its all time highs of $188.65 but also well off its January 2023 $81.43 low.
So where does that put it? Sort of right in the middle of its weekly chart but hard charging to the upside since mid March without much of a respite for the Amazon bulls.
FedEx Stops Delivering... Results
Since its stock price all time high of $274.66 per share just about a year ago FedEx shareholders have seen the stock price drop to a recent low around $138 last quarter. That's roughly half of what it was and shareholders are wondering what in the world happened...
FAANG Stocks for Halloween?
If you've never heard of the FAANG basket of stocks it's likely you have heard of the companies that it is made up of.
FANG is the acronym for four high-performing technology stocks in the market – Facebook, Amazon, Netflix and Google (now Alphabet, Inc.).