Nasdaq Plunges As AMZN Dump Destroys AAPL/FB Pump

Well that didn’t take long… for now USDJPY 102 is the US equity market’s best friend. Only the S&P 500 is green for the week now as Nasdaq’s gains from AAPL/FB are wiped away by the 10% plunge in AMZN.

Nasdaq’s big bounce on AAPL/FB has gone… again…

102.00 USDJPY is all that matters…

Amazon is now down almost 10%!

Charts: Bloomberg

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