PPR - PCLN, AMZN 12/18/13
With the major averages jumping higher on the Fed announcement, two leading stocks had pocket pivots:
PCLN has obeyed its 50dma for many months. Group rank 8, ROE 49.8%, pretax margin 36.5%, earnings and sales have accelerated.
AMZN had a gap up when it reported earnings recently. It is taking advantage of cloud computing technologies so earnings are expected to accelerate. Keep in mind it tends to violate its 50dma so position size accordingly.
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