Amazon's Slow March Forward May Get A Political Boost, Drawing Attention Toward Direxion's AMZU, AMZD ETFs

Core Viewpoint - Amazon.com Inc. (NASDAQ:AMZN) has shown a year-to-date stock gain of over 11%, but this performance is below the S&P 500's increase of 16.48% and the Nasdaq Composite's rise of over 21% [1][2] Financial Performance - AMZN stock has only increased by 15.5% in the last six months, which is significantly lower than the Nasdaq's 23% gain during the same period [2] Legislative and Economic Factors - The U.S. House of Representatives passed a short-term funding bill to end the longest government shutdown, which may provide some stability to the market, indirectly benefiting AMZN [3] - The U.S. Supreme Court is reviewing a case that could potentially overturn tariffs imposed during President Trump's administration, which could relieve some cost pressures for Amazon, as its business model relies heavily on manufacturing in China and other overseas markets [4][5] Market Sentiment - The options market has shown a significant amount of negative sentiment towards AMZN stock, indicating that investors may be hedging against potential downturns, suggesting uncertainty in Amazon's narrative [6] Direxion ETFs - Direxion offers ETFs for both bullish and bearish investors regarding AMZN, with the AMZU ETF aiming for 200% of AMZN's daily performance and the AMZD ETF seeking the inverse performance [7] - These ETFs provide flexibility for traders, allowing them to buy and sell like standard securities, which may be more accessible than engaging in the options market [8] ETF Performance - The AMZU ETF has lost about 1% since the start of the year but is up over 19% in the last six months, with a strong technical profile above key moving averages [10] - The AMZD ETF has decreased by 17% since January and is down 16% over the past six months, with a poor technical profile but recent increases in volume suggesting a potential pivot [11]