AMZN - Insider information?

WTF is this? AMZN was slated to report their earnings after the bell today, and yet it tanked 10 minutes before the close. Is this normal? (I don't think so.)

 

But the results were good on both the top and bottom line, and after hours, the stock is back to $179 after hitting 175 at the close.

So the question is, if it was insider information, why didn't the stock jump up instead?

 

Look at that first humongous candle after the close. It initially SOLD OFF (down to 165-ish) before heading back higher. However, it's been coming down. So in no way can you interpret this as bullish earnings report.

But that's not the point. There should not have been such a drastic move until after the close. Obviously, somebody had an inside tip to move the stock for 10 minutes before the close.

 

Algos, they pulled the same on Google. I just shut the computer off when my buy order on CGC was filled at $14.20. Sold $15.40 quickly, algos play games AH. You know from Cocoa Futures.

 

month end marking of the tape.
Also perhaps some index rebalancing.

 

But does this look the same to you?

 

I dunno bro, I've seen a lot of end of the month rebalancing myself. But this one is glaringly not one of those IMO.

 

I watched the action on AMZN, is that Google’s earning chart from last Thursday?

 

Both charts are from today, showing the last 10 minutes. AMZN dropped 2.55%, whereas GOOG only fell 0.89%.

 

I was talking about Google’s AH movement. I thought AMZN’s earning must had been light for that drop and figured I would buy more tomorrow.