The Saturday Spread: Reducing uncertainty in an uncertain world (AMZN, CHWY, EXPE)

The Saturday Spread: Reducing uncertainty in an uncertain world (AMZN, CHWY, EXPE)

In essence, information is only truly transmitted when the person receiving the intelligence enjoys a change in subsequent thinking relative to prior beliefs. Within this transmission, there are two main categories: degenerates and non-degenerates. Understandably, these terms have a loaded meaning in the financial ecosystem. However, from a mathematical and theoretical decision-making point of view,…

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Amazon stock just entered oversold territory. Should you buy the dip?

Amazon stock just entered oversold territory. Should you buy the dip?

Amazon (AMZN) stock opened down nearly 10% on Feb. 6, after a slight earnings miss and disappointing capital expenditure (capex) guidance spooked investors, despite an otherwise positive fourth-quarter release. The Nasdaq-listed company now plans to spend around $200 billion this year, primarily on artificial intelligence (AI) infrastructure. That figure is well ahead of the roughly…

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