HOLD AMZN
0 shares at $262.87 on 2026-05-15
Reasoning
AMZN is held through NVDA earnings (May 20) per explicit risk guidance. The stock is a core AI-adjacent position with an intact thesis. Current price $262.88 is above cost basis ($257.78). No new signal has emerged to justify exit ahead of the dominant catalyst event. Rule 27 macro cap ($500/day) applies, and the rate-shock regime (CPI 3.8%, Treasury 30Y at 5.114%) argues against adding until post-earnings clarity. Holding conviction; do not trade into binary event.