Notes From The Street: What 1 Trader Is Watching At Google And Amazon Pre-Earnings

The following is a note from Tim Anderson (MND Partners).

On Google Inc (NASDAQ: GOOG): Google has been on a wild ride for the last two months…..$530 to $490 to $530 back to $490, and now trying to hold $500 again.

One of the key metrics [during earnings] will be “cost per click.”

On Amazon.com, Inc. AMZN: It looks like $300 could be a major inflection point.

The big take away from Amazon last quarter was that investors might be finally tiring of the “we’re after market share right now and we’ll make money eventually” mantra that has been the Amazon rallying cry for years.

DISCLAIMER:: NOTICE REGARDING PRIVACY AND CONFIDENTIALITY This e-mail and any attachments thereto is intended only for use by the addressee(s) named herein and may contain legally privileged and/or confidential information. If you are not the intended recipient of this e-mail, you are hereby notified that any dissemination, distribution or copying of this e-mail, and any attachments thereto, is strictly prohibited. If you have received this e-mail in error, please immediately notify me and permanently delete the original and any copy of any e-mail and any printout thereof. E-mail transmission cannot be guaranteed to be secure or error-free. The sender therefore does not accept liability for any errors or omissions in the contents of this message which arise as a result of e-mail transmission. In accordance with SEC Rule 17a-4 and NASD Rule 3010; Emails sent to and from this address may be recorded and are subject to archival, monitoring, review and retrieval by the TJM Compliance Department. TJM and/or its affiliates are a member of FINRA, CBOE, NFA, SEC, and SIPC. TJM's main office is located at 318 W. Adams 9th Floor, Chicago, IL 60606. For more information about TJM, please contact (312)-432-5100 or fax (312)-432-4499.