Amazon shares plunge as record profit still misses estimates (GOOD NEWS IS NOW BAD)

``Amazon.com Inc posted its most profitable quarter ever on Thursday but the world's No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading.'' -- See also ZeroHedge on this subject. To us, this signifies a definite turn in market sentiment (were the FANG stocks are no longer the golden children); confirmation that we are indeed in a bear market...