Shares of Amazon (NASDAQ: AMZN) were falling today, as the tech giant followed the market's lead and pulled back in response to a better-than-expected jobs report. Since Amazon is a cyclical business , driven by consumer spending on e-commerce and businesses spending on cloud infrastructure, the company is sensitive to the macroeconomic climate. Coming into the jobs report, Amazon had already been showing signs of weakness. Read More...
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Jim Cramer Gives These 2 ‘Strong Buy’ Stocks His Stamp of Approval
Everyone knows that you should buy low and sell high if you want to turn a profit in the markets. The trick is finding the bottom, to know when to buy. Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program, sees the market bottom hitting in the next couple of weeks, making the end of October the right time for investors to buy in. Referring to some recent predictions by market technician Larry Williams, Cramer says, “The bear market is more or less… toast and, even if the current rally s
