Amazon stock forecast and more: E-Commerce Spending Reaches $1.5 Billion
Amazon stock forecast and the predictions for Apple, Google and S&P 500 from November 15 2012 (before market opening) based on "I Know First" stock algorithm.
Time horizon of the forecast: 14 trading days from November 15 -November 29 2012.
Apple forecast for this week: Get the updated Apple stock forecast
Get daily forecast for Microsoft .Google, Apple & S&P 500
This chart shows daily e-commerce sales during the holiday season. Cyber Monday was the largest online shopping day for American holiday shoppers in the past four years.
This year’s holiday shopping season is off to a great start. From November 1 through 26, e-commerce spending in the United States amounted to $16.38 billion, a 16 percent increase over the same period last year.
Great news for Amazon, Google and Apple.