A FAANG Blowoff? Not So Fast…

AMZN and GOOG have exploded skyward in after-hours trading Thursday, fueled by earnings that evidently exceeded the expectations of the usual clueless hacks who forecast them.  It’s tempting to think this is the blowoff that so many of us have been anticipating for…years. More likely, however, is that both stocks are headed significantly higher.  Check out my latest tout for AMZN (below) to see where the stock could head next, presumably after a perfunctory correction.