AMZN Looks Poised to Lead Stocks Higher

Once again, I’d suggest that you pay close attention to AMZN, since it is arguably the most important stock-market bellwether of them all. My latest tout identifies a target at 899 that lies an exuberant leap above targets in the 870s that we’ve been using since autumn. It would take just a small push of perhaps $5-$7 to make the stock an odds-on bet to reach 899. If that’s about to happen, it’s likely the broad averages will be moving higher as well.  Note: If you don’t subscribe but would like a look at my current forecast and chart for the stock, and many others, click here for a free two-week trial subscription.  That will also get you into the Rick’s Picks chat room, as well as invitations to any real-time impromptu requests sessions held in the days and weeks ahead.