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Ep. 39: Is Amazon Stock A Buy Now? With Mark Ritchie

Investing With IBD

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The Wall of Worry

CNBC is calling this a blow off top. There are not a lot of people so excited how well the stocks are doing and things like that. We just haven't seen a whole lot of people pounding the table bullish seasonally. I think you are okay to nibble here but you have to watch the tape closely. If the markets undercut say yesterday's lows but stocks don't even come close I think we are in really good shape.

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