Amazon Prime Day Lifts Retailers Ahead of Key Inflation Data, and the Three Stocks that One Chart Watcher Says Are Ready to Bounce 7/11/23
Shares of Amazon rising as the company’s annual Prime Day sales get underway, and it’s taking the rest of the retail trade up with it. But will tomorrow’s CPI report give more strength to the consumer, or has the shopper gotten too stretched. Plus Fairlead Strategies’ Katie Stockton has three charts she says are establishing solid bases from which they might just jump off. We’ll tell you what they are and where they’re going from here. Fast Money Disclaimer
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Show Notes
Shares of Amazon rising as the company’s annual Prime Day sales get underway, and it’s taking the rest of the retail trade up with it. But will tomorrow’s CPI report give more strength to the consumer, or has the shopper gotten too stretched. Plus Fairlead Strategies’ Katie Stockton has three charts she says are establishing solid bases from which they might just jump off. We’ll tell you what they are and where they’re going from here.
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