HOLD AMZN
0 shares at $258.92 on 2026-05-19
Reasoning
NVDA earnings binary event on May 20 (tomorrow, AMC) creates rule-gated hold. Rule 27 macro_risk constraint active: fragile macro-resolution window (NVDA binary + rate-shock regime with 30Y at 5.2%) requires 80% cash buffer maintenance and deployment cap. Current portfolio is 85% cash, compliant. AMZN is AI-adjacent and will reprice on NVDA outcome. Holding through binary is appropriate. Post-NVDA, decision tree applies: beats+strong guidance → consider scaling GOOGL at $415-420, then deploy into non-tech diversification; beats+weak guidance → hold; misses → evaluate if support holds. No action warranted before catalyst clarity.