Amazon shares are up a stunning 12.5% this morning after 'blowout' earnings...smashing Nasdaq to new record highs...


To new record highs...


Looks to us like this was a 'catch-up' trade to the global liquidity glut...


And finally...

"probably nothing"


Son of Loki spastic_colon Fri, 10/27/2017 - 12:45 Permalink

J.C. Penney stock plunges almost 20% on grim earnings forecast  The move spotlighted key problems for the department-store field: hard-to-sell inventory and a reliance on deep discounts to move stock. J.C. Penney also has been shuttering poor-performing stores in a bid to better match supply with demand.… "Yes we can!" "Robust!"

In reply to by spastic_colon

GUS100CORRINA Consuelo Fri, 10/27/2017 - 13:16 Permalink

Amazon shares are up a stunning 12.5% this morning after 'blowout' earnings...smashing Nasdaq to new record highs...My response: These "SPIN DOCTORS" at AMAZON are really GOOD!! They even have ZH believing that these earnings from AMAZON were BLOW OUT EARNINGS.This POST MODERNISM CULTURE where RELATIVISM is KING can make anyone one look good after EPS expectations have been lowered into the CELLAR.LONG TERM ABSOLUTES used to matter, but not anymore just like US DEBT.I wonder how many PENSION FUNDS were holders of AMZN stock? I suspect virtually none. Of course CBs like SNB are big holders of AMZN stock and buying more.I wonder when AMZN's P/E ratio will equal the STOCK PRICE???? That's the NEW NORMAL and no one knew. The P/E ratio of a company is targeted to meet the STOCK PRICE! I guess I missed this concept when taking economics in college.

In reply to by Consuelo

tmosley Fizzy Head Fri, 10/27/2017 - 13:24 Permalink

Are you retarded?Serious question.This isn't a crypto thread. Nobody is talking about cryptos. And your article is also stupid. Spoofing of orders has always and will always happen on crypto exchanges because there is no way to legitimately stop it. Not all spoofers are one person. That is a very stupid assumption to make.Get your shit together.

In reply to by Fizzy Head

marketheretic Fri, 10/27/2017 - 12:33 Permalink

WFM shareholders were upset with earnings prospects.


Replace old shareholders with new ones that will reward lack of earnings with ever increasing share price.

Operating margins for the entire AMZN enterprise were 0.80% and that includes the profitable AWS segment. Once again they lost money selling stuff.

VWAndy Fri, 10/27/2017 - 12:35 Permalink

 Market ticker has two good pieces on these cats.  Good luck competing with a company that dont need to make a proffit. Fiat magic! Same as Tesla and GM an a bunch of others too. The monopolist games go on as long as the fiat is the MOE.

Fiat Burner Fri, 10/27/2017 - 12:47 Permalink

A couple of tech companies beat perpetually lowered earnings expectations and nearly every stock in the Nasdaq is blowing off.  What a fucking joke.  This has to be the makings of a blow off top.