So looking at the stock charts the Bulls are buying again. What recession, after Apple (AAPL) and Amazon (AMZN) released their earnings this week shows a sign that the federal tweaks are working and inflation will come down eventually. Apple stock released solid earnings data that showed no weakness in demands for iPhones or their subscription-based fees canceling my iTunes membership hasn’t even been a thought, this is the opposite of Netflix turnout. And Amazon stock was even stronger with a 7.2 rise in quarterly revenue which shows that Even at a two-year low the business is still showing growth. Premarket Apple and Amazon are up and are both in the green so we’ll keep our eye out on these two stocks.
Amazon’s and Apple’s earnings win caused a huge rally Friday. No slow down in iPhone sales and Amazon rules the market.
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