Author Archives: RJ Hamster
I was born on 6 August 1956 in San Francisco, California to Janet and (the late) Richard Hovis.
I grew up in Santa Monica, California where I attended elementary, junior high school, and high school (graduating in 1974), in addition to involvement in sports and recreation (Little League +, the Boy’s Club ++). Further, it was in elementary school – St. Augustine’s By-the -Sea Parish School that I found, and made the choice to truly journey with God.
I attended Arizona State University from 1974 to 1977 – seeking to become an architect, however, I was not accepted, and, as such, I graduated with a Liberal Arts degree.
Upon graduation from Arizona State University, I attended Cal Poly San Luis Obispo and studied City and Regional Planning at the Master’s level. I successfully completed one (1) year in a two (2) year program – I did not complete the Master’s degree in City and Regional Planning – due to personal reasons.
I returned to Santa Monica where I started (October 1979) my career as graphic designer with Exxon Company, USA. I spent five years with Exxon Company, USA.
While working with Exxon Company, USA I was accepted into architectural school – Sci-Arc in Southern California, however, I did not attend preferring to stay with Exxon..
In 1982 I married Laura Flosi and in April 1983 we had our one and only child – Lauren Alain Hovis – a gift from God.
We moved to Phoenix, Arizona in 1984 from Los Angeles, where I went to work as a graphic designer with Kitchell CEM (from 1985 -1987).
From 1987 – 1995 I was an independent contractor, and a registered representative in mortgage finance, financial management, graphic design, and drafting.
Further, I attended the University of Phoenix and successfully obtained a Master’s in Business Administration (MBA) in 1982.
I was also a member of the Scottsdale Jaycees, where I became very involved in community events and projects.
In 1994, I accepted a cartography position with the Defense Mapping Agency in Reston, Virginia. As such, I relocated from Phoenix to Reston.
In 1998, I was accepted and worked as a Visual Information Officer with the Central Intelligence Agency. In 2002, I worked as a Support Officer until my retirement (due to a need for shoulder surgery) in September 2018.
Away from my Federal Government service, I have been involved in various organizations and activities in Northern Virginia.
In November of 2011, I married Rebecca Ouellette in Santa Monica, California. I reside in San Tan Valley, AZ with my two hamster - Jess and Timothy, our fish, our lizard - RJ Lizard., and our cats - Pearl and Grey.
As to hobbies, I enjoy playing sports, attending sporting events, mentoring individuals from financial management to hamsters, building models, photography, travel, multimedia design, managing partner for RJ Hamster, and jazz – smooth jazz to a samba or a bossa nova.
Love and God Bless,
Peter – aka RJ Hamster Jo hi
The RJ Hamster morning Show
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Amazon Enters Correction Zone—Time to Panic, or to Load Up?
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Amazon Enters Correction Zone—Time to Panic, or to Load Up?
Written by Sam Quirke on November 27, 2025
Key Points
- Amazon has fallen into correction territory after dropping more than 15% from its all-time high earlier this month.
- Yet buyers are already stepping back in, with shares up more than 6% from last week’s lows.
- Analysts remain almost universally confident, calling the move a reset rather than the start of a reversal.
Shares of Amazon.com Inc. (NASDAQ: AMZN)have spent the past two weeks under pressure, sliding from record highs near $260 at the start of the month to almost $215 last week. The good news for investors is that despite that sharp move, the stock hasn’t broken any key technical levels, and momentum is already improving.
It appears that much of the selling was driven by a broader souring of sentiment, especially in tech stocks. However, giving up more than 15% of gains without much defense from the bulls is never a good look. The big question now as we head into Thanksgiving weekend is whether this pullback marks the start of something deeper or a rare opportunity to buy one of 2025’s best-performing mega-caps at a discount.
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A Healthy Correction
Before the selloff, Amazon had rallied as much as 60% from April, a run that was bound to attract profit-taking, especially after the earnings inspired a gap-up in late October.
The current drop officially puts the stock in correction territory, but it hasn’t come close to testing, let alone breaking any lows.
Technically, the setup looks more like a cooling phase than a collapse, and all the major moving averages and trend lines are intact.
Notably, trading volume during the decline has stayed moderate, with the most volume in recent weeks on green days, and no signs of panic selling.
The Fundamentals Remain Strong
Much of this strength stems from Amazon’s latest earnings report at the end of October, which confirmed that its growth story is alive and kicking. As MarketBeat highlighted at the time, all of the company’s major revenue engines are firing on all cylinders, and the outlook is bright heading into 2026.
Margins are trending higher, helped by cost discipline and automation, and cash flow continues to grow. The broader narrative hasn’t changed: Amazon is still a $2.5 trillion growth story that dominates every market it operates in and has ample room to grow. From a valuation standpoint, the recent pullback also made it more attractive to investors on the sidelines, and it’s perhaps no surprise that shares have been snapped up quickly so far this week.
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Analysts Back the Rebound
It’s also no surprise that Wall Street is treating this correction as a buying opportunity as well.
Rosenblatt Securities, for example, reiterated its Buy rating on Tuesday along with its $305 price target, implying more than 30% upside from current levels.
This echoed the move by BNP Paribas on Monday, which upgraded the stock to Outperform, and dozens of other analysts who’ve been calling the stock a red-hot buy for months.
With a street-high analyst price target of $360, the consensus on Amazon underscores widespread confidence that this is a temporary pause, not the beginning of a breakdown.
Technical Setup Looks Constructive
Recent selling has also improved the technical setup. Having been in overbought territory earlier in November, Amazon’s Relative Strength Index (RSI) has cooled nicely towards the low 40s, helping to reset momentum without causing cracks in the broader trend.
Support around the $210-215 mark has been tested multiple times in recent months without breaking, suggesting a firm base has formed. A close above $240 in the coming sessions would confirm that buyers are back in control and could pave the way for a retest of $260 highs before year-end.
Broader macro sentiment will play a big part in that happening, and for now, at least, it’s looking good. The S&P 500 has been rallying hard since Monday morning, risk appetite is opening up once again, and rate-cut expectations are growing.
Even if volatility persists in the near term, it’s hard to bet against Amazon’s long-term trajectory. Few companies have such a combination of scale, innovation, and operational discipline. This correction may look sharp on paper, but it seems likely that future investors will look back on it as a golden entry opportunity ahead of fresh highs into 2026.
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RJ Hamster 