AMAZON (AMZN) EARNINGS PUSHING MARKETS HIGHER

AMAZON (AMZN)

Amazon, a heavy hitter has again posted very strong earnings this evening post market. It immediately pumped up above $2,000. This was an important earnings report for me as I was watching the futures markets.

Recently I have been tracking the Nasdaq future (/NQ). Its no surprise that the Nasdaq squeezed up shortly after market on Amazons earnings beat.

E MINI NASDAQ /NQ

It is important to note these correlations as they may help better understand how certain markets react to one another, for future trading opportunities. Although I was not able to trade this event, it has ben noted. Happy trading everyone.

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