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EPS100Momentum (73.38)

Amazon skyrockets & shows that Apple is one hated stock



January 29, 2015 – Comments (0) | RELATED TICKERS: AAPL , AMZN , SQQQ

 in my opinion of course, what's funny is that Amazon is basically just a distribution & delivery service for Apple!

Amazon shares going ballistics After Hours : 349.93 +38.15 (12.24%) 7:59PM EST

Amzn rally is caused by a tiny $214 million profit for a company with a market cap of about $150 billion.

Apple with $18 billion in net profit in the meantime can't even go up to its Nov high never mind go up +38.15/sh in one day like amazon that would cause nose bleeds.

Now what if Amazon posted $18 billion in profit? Its shares probably would be up +$3,800/sh based on 100x more profit then the $200M Amzn reported tonight.  

This just shows how hated shares of Apple must be to not be able to muster any resemblance of a true tech stock rally on par with Amzn, 

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