Amazon Highlights Sloppy Week for Stocks
It was a pretty sloppy week on Wall Street.
Although, who can be surprised? It’s been a pretty sloppy month for the stock market.
In fact, apart from July 1, the market hasn’t moved a bit. But, we’re still heading up, so nothing to do but wait out the muck.
Yuck rhymes with muck, and that’s exactly how you’d describe Amazon (NASDAQ:AMZN) on Friday. I think it’ll eventually climb back to the low $300s, but not before dropping further first.
On the flip side, Verizon (NYSE:VZ) was actually positive Friday, and I think it moves higher. Look for another 10% gain as it closes in on 2013 highs.
Back next week to enjoy the dog days of August.