The "Chart of the Day" is Amazon.Com (AMZN), which showed up on Monday's
Barchart "All-Time High" and ""Gap Up" lists. Amazon on Monday posted a
new all-time high of $269.73 and closed +3.59%. TrendSpotter turned
long last Thursday at $257.31. Amazon on Monday rallied on Morgan
Stanley's upgrade in Amazon to Overweight from Equal Weight due to
Morgan Stanley's belief that Amazon's fulfillment network is
underappreciated and will allow the stock price to rally and to drive
international opportunities. Amazon.com, with a market cap of $117
billion, is the world's largest online retailer.
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