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Bullish Case: Amazon's robust AWS growth, innovative tech investments, and strong consumer retail presence bolster a bullish case, amplified by recent AWS collaboration with WAX for Web3 gaming.


Bearish Case: Judicial ruling classifying Amazon drivers as employees increases operational costs, along with potential for increased regulations challenging growth.


Potential Outcomes:

1) Amazon leverages AWS-WAX partnership for profitable Web3 gaming (55%);

2) Increased operational costs from labor rulings (40%);

3) Growth through innovative tech and market presence (60%).


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March 27, 2024


Amazon Forecast

AMZN        Amazon
Price Forecast: BULLISH    Price Action: RANDOM (?)






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Uncorrelated Stock Forecasts

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MAN Forecast + Options Trading Strategies   [MAN]  ManpowerGroup (-0.0)


LH Forecast + Options Trading Strategies   [LH]  Laboratory Corp. Of America (0.0)


PPL Forecast + Options Trading Strategies   [PPL]  PPL (0.0)


IONQ Forecast + Options Trading Strategies   [IONQ]  IonQ (0.0)


EXR Forecast + Options Trading Strategies   [EXR]  Extra Space Storage (0.0)



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SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.9)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.94)


TECS Forecast + Options Trading Strategies   [TECS]  Direxion Daily Technology Bear 3X Shares (-0.94)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.95)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.96)





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