By Dan Darrow
September 16, 2022
Intraday Update: AMZN
A surprisingly bad warning from FDX after the close yesterday has weighed heavily on the market overnight, and the preliminary results are dragging UPS and AMZN down along with it. AMZN had been holding 126-126.50 well for the past few sessions, but now it is well below that and back under the key 125 level (previous monthly resistance). The Oct14 $135 - $139 call spread roll up needs to be closed early off the open. This may be a name we circle back to closer to earnings in October.
Trader Author Portfolio Holdings
**As of the date and time of publication