Amazon Multiple Sector Impact Weakness into Summer

2014年4月1日While an initial rise is expected, I would look to build a short around 356-360 - as Amazon receives multiple sectors of revenue under attack especially from Google/Microsoft on the Cloud sector, small measurable decrease revenue from Amazon Prime renewals from price increase, and possible product launch issues around the new set-top box if it is not well received in an already crowded sector.

At point it reaches 310-300 range - It will look attractive to acquire for the Christmas run up - although I would be careful through mid-June to August time frame.

-------

Read more at Chann3ls
Chann3ls.com