Guys watch a Goog quote box right next to an AAPL right next to AMZN they are selling goog and aapl
And moving right into AMZN, add up the dollar amounts, the Hedge Funds have been doing this since this morning but now retail is starting to copy them. The way the Hedge Funds see it this will be the best earnings AMZN has ever had and crush all sales and revenue estimates, they also know the mm's want to smash right thru Amazons 52 week high of 264 which will make 280 come a day or 2 after cutting through 264. That is a sure thing they are willing to bet on with Amazons 314 target.
A few times I saw the exact same dollar amount leaving goog and then going right in AMZN, the street and all the good traders know that the 52 week high on Amazon is about to get broken right thru. The Jan 300 305 310 315 have not been moved up in a few days, I wish I could smash them.Easy money, those calls, the marker maker is sleeping, the 310's for example were .55 by .60 a few weeks ago before the target price was raised from 290 to 314.