Down like 4% today, and looking like its down 16% or so after bell? Buy?!?!?
Buy amazon after bell?
- Thread starter SoyUnGanador
- Start date
If you are trying to buy low, then
this would be the time to buy it.
It has some negative news, but
it will most likely go back up in
a few days.
(This is not investment advice.)
this would be the time to buy it.
It has some negative news, but
it will most likely go back up in
a few days.
(This is not investment advice.)
Thanks destriero and GoldDigger. I picked up 200. Might buy more.
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I would not\ too many downtrends \ almost 2 hours to close FRi, i see no buys worth buying; but i've see so many trends charts i dont do many counter trends.
Some SPLX[SPY has heaVy AMZN ] but nothing like a single stock............................................................................ I did buy most of my trading /investing books, [@ AMZN]but that was years ago
Just a not a fan right here. Don't forget that with Amazon you are just as much buying AWS and cloud computing as you are the retail store.
AMZN wasn't able to outperform QQQ during 2020 even when they were literally the only game in town during the lock downs. Google and Meta can let the dog sitters and gourmet lunch chef go. AMZN doesn't have quite the fat to cut off here either.
AWS has also probably been over built and over invested in at this point.
To me , it seems quite expensive still for a business that has such reach and saturation already.
AMZN wasn't able to outperform QQQ during 2020 even when they were literally the only game in town during the lock downs. Google and Meta can let the dog sitters and gourmet lunch chef go. AMZN doesn't have quite the fat to cut off here either.
AWS has also probably been over built and over invested in at this point.
To me , it seems quite expensive still for a business that has such reach and saturation already.
AMZN, META, MSFT no longer matter. META isn't even in the top 25 market cap of the S&P 500 at this point.
US Tech Mega Caps were the theme of the 2010's.
Sector rotation underway. New bull market will be born soon if not already.
Look for the new leaders.