Amazon.com Inc (AMZN)

[KING_TRADER$]

Not impossible for a close $600 mark tomorrow---Amazon has surprised Wall Street big time on this one.

-Bullish forecast/outlook for 3Q2015, upbeat comments from Amazon's executives on Amazon Prime Delivery service and rapid growth in the cloud computing AWS.

-Analysts expected a 14 cents (or 13 cents) loss on revenue of $22.39 billion. But Amazon turned around and said we have a 19 cents profit per share. That's 27 cents per share, a year earlier. Their revenue rose 19.9% to $23.19 billion.

-Sales in North America rose 25.5% to $13.8 billion from a year earlier.

-Revenue from cloud computing division, Amazon Web Services, soared 81.5% to $1.82 billion, which is 8 percent of this quarter's revenue.

-Amazon forecast net sales would grow 13-24% by year end.

EVERYTHING from this quarter is a wow for Wall Street. Amazon which never releases their earnings/revenue of their AWS division, finally showed it today. All along, the market has speculated a 50% growth of year to year. Amazon showed a 3 months quarter growth of 81.5%, $1.82 billion, compared to a year ago. This, alone, is already enough to wow the market/Wall Street.

You have good earnings/solid profits/huge revenue/rapid growth/forecasts/sales/nets/cost cutting---Everything is pointing to a uptrend north. That is exactly what we're seeing after market today, and tomorrow's pre-market and continue on with the market day for Amazon. A lot of hedge funds, firms, institutes, will be upgrading PT and ratings for Amazon IMO.

Today we already have and there will be more to follow, believe me: JMP Securities Upgrades Amazon.com Based on 'Increased Profitability'---$575 PT

http://www.benzinga.com/analyst-ratings/analyst-color/15/07/5693353/jmp-securities-upgrades-amazon-com-based-on-increased-pr

Mizuho upgraded Amazon to buy. Sanford C. Bernstein reiterated an "outperform" rating with a PT of $600. Bank of America rated it a 'buy' and boost PT to $535. Cowen and Company rated it a buy and boost PT to $565. Wedbush upgraded PT to $575.

http://www.wkrb13.com/markets/679864/amazon-com-stock-rating-reaffirmed-by-mizuho-amzn/

This can very much pop to $600. Amazon, the largest online e-commerce is all over the headlines this morning. GLTYA!