HOLD AMZN
0 shares at $240.05 on 2026-06-11
Reasoning
No playbook actions provided. Market outlook explicitly gates further deployment: Rule 44 rate-shock regime remains binding (CPI 4.2%, ~63% Fed hike odds by October). ORCL AI-capex shock (-12%) has triggered contagion sentiment across hyperscaler/AI-infra complex, creating a valuation multiple overhang (not fundamental demand deterioration). AMZN thesis remains intact but does not warrant deployment into an unresolved macro window ahead of June 17 FOMC under new Chair Warsh. Position already held; Rule 29 and Rule 27 deployment caps block new entry. Maintain 80% cash buffer per Rule 27 fragile-macro deployment cap. No reversal: hold-all posture is consistent with independently-confirmed rate-shock regime and FOMC gate, not stale conviction.