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.

Published by Eric Jobb

Hello everyone, my name is Eric and I am the founder of TheFreedomGrind. I love to trade stocks and futures, It's my passion, and I will never go back. I have taken time, money, and energy learning the market. There is no secret trick, no gimmick that will get you closer to being profitable. It will take time, money, and energy to make gains as a day trader. I created the blog and the YouTube channel to provide as much useful information about trading to anyone who has the desire to become a trader.

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