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That’s the end of it, everyone. The fun part of the earnings season is over, and now we back to the same old crap of billions in buybacks every day and not much else going on. Groan.
Anyway, AMZN has reported, and the results speak for themselves.
Below is Cognex (CGNX) which is still in the throes of hammering out a monster top. I strongly suspect the stock is going to get blasted to smithereens in the months ahead.
As we wrap up the earnings season, the two superstars this afternoon are AAPL and AMZN, shown below. I personally find these charts to be as boring as bat guano, so all I’ve got to say is that I hope they get nuked, although I have absolutely no strong feelings – – or even weak ones – – about either one of these multi-trillion dollar creatures.
I loaded back up on shorts during yesterday’s laughable rally, and I’m enjoying the fruits of my excess right now. Here are a handful of them, with a few new faces:
