{"id":907,"date":"2019-04-23T22:33:52","date_gmt":"2019-04-23T21:33:52","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=907"},"modified":"2019-04-24T08:28:06","modified_gmt":"2019-04-24T07:28:06","slug":"amazon-for-24-04-2019-gold-sp500","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/04\/23\/amazon-for-24-04-2019-gold-sp500\/","title":{"rendered":"Amazon for 24\/04\/2019 #Gold #SP500"},"content":{"rendered":"\n<p class=\"has-drop-cap\">As one of those  folk who has a lot in common with Amazon, it made sense to review their  potentials prior to results being released on Thursday. Of course, the &#8220;lot in  common&#8221; is best expressed with a ridiculous self belief of being able to do  anything, a character facet (flaw) which Amazon also exhibits as they attempt  enter every field. <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/amzn2504.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p>This self belief came to a crashing halt earlier today. \nRegular readers will recall mention of a love affair with my little red tractor. \nAmazon delivered a present in a large tube, several square meters of red Vinyl \nWrap. The tractors bonnet had been growing rusty blisters under its paintwork \nand, having watched numerous shows on TV where car restorers easily employed \nVinyl Wrap to cover multitudes of sins, my little tractor was about to be \nrenewed to pristine condition.<\/p>\n\n\n\n<p>Perhaps I should have remembered something important. \nI&#8217;m quite literally banned from wrapping presents at home, my wife preferring to \nbe blindfolded and wearing gloves while she gift wraps anything I&#8217;ve bought her. \nAll joking aside, both wife and daughter ensure I never wrap a gift, believing \nI&#8217;m in the pay of the sticky tape and wrapping paper industries. But surely self \nadhesive Vinyl Wrap could be easier? And a Hot Air gun during application would \nmelt away any crimes&#8230;<\/p>\n\n\n\n<p>Typing this, now with burnt fingers and a suspicious \nbald patch on my arm, the little red tractor sits on the lawn and looks quite \ndreadful. Quite honestly, I would have achieved a smoother, more visually \npleasing, effect if I&#8217;d chosen to glue strips of bubble wrap onto the bonnet. \nClearly, I cannot do anything and it makes me wonder if Amazon, once a reliable \nbookseller, will continue to produce positive results.<\/p>\n\n\n\n<p>Will Amazon ever meet its Vinyl Wrap moment?<\/p>\n\n\n\n<p>As the share price trundles on toward results day, \nwe&#8217;re calculating a trigger level of 1979. To be fair, this is the initial \ntarget level with moves now above 1930 indicating the potential of 1979 making \nan appearance. Above this level and things get interesting, provoking 2206 as \npossible. This would present a new &#8220;all time high&#8221; for Amazon and take the share \nprice into a region where a distant 2674 will be regarded as influencing price \ngrowth.<\/p>\n\n\n\n<p>Essentially, the 2674 ambition will tend make positive \nnews cause the share price to outperform, whereas negative news will tend \nunderperform. Unless, of course, it&#8217;s really negative &#8211; a Vinyl Wrap moment!<\/p>\n\n\n\n<p>If everything were to go wrong for Amazon, the share \nprice needs move below the 1600 level. Visually something has been happening at \nthis level until recently as now, below 1600 indicates coming weakness to 1245 \ninitially. If broken, it should bottom around 996.<\/p>\n\n\n\n<p>We suspect our calculation of 2206 shall prove viable, \ngiven share price performance this year.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/amzn230419.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<TABLE BORDER=2>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">Time Issued<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Market<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Price At Issue<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Short Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Long Entry<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Prior<\/font><\/TD> <\/TR>\n<A name=\"FUTURES404\"><font size=\"2\">FUTURES<\/font><\/a><TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:16:43PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">74.02<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:20:04PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1272.7<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1270<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1265<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1255<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1280<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1280<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1282.5<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1288<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">1271<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:31:41PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7520<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:50:30PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">5592.7<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:52:42PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">12251<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><\/TD> <\/TR>\n<TR> <TD> \n\t<p align=\"center\"><font size=\"2\">9:58:57PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2935.37<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2900<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2889.5<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2874<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2921<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2937<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2941<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2953<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">2909<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:00:46PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">26651.9<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:03:38PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">7814.62<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/TD> <\/TR>\n<TR> <TD>\n\t<p align=\"center\"><font size=\"2\">10:05:23PM<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">22357<\/font><\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>&nbsp;<\/TD> <TD>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n","protected":false},"excerpt":{"rendered":"<p>As one of those folk who has a lot in common with Amazon, it made sense to review their potentials prior to results being released on Thursday. Of course, the &#8220;lot in common&#8221; is best expressed with a ridiculous self belief of being able to do anything, a character facet (flaw) which Amazon also exhibits &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2019\/04\/23\/amazon-for-24-04-2019-gold-sp500\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Amazon for 24\/04\/2019 #Gold #SP500&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-907","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=907"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/907\/revisions"}],"predecessor-version":[{"id":908,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/907\/revisions\/908"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=907"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}