Can amazon be worth 40% of our national GDP??

richDude said:
that is true, but a true master is the one that can fore-tell things, way ahead of the herd..

and once you get on the same page with the boyz, you don't need time, because the play book is always the same, although the stories are different from 1 shake down to the next.
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Shhh shhhh fore-tell...prediction...anticipate....nasty words to the guru’s....watch out they will de-feather you in public and leave you naked.
 
richDude said:
wasn't there a thread polling account size? please... not only people are losing money, they are losing peanut money..
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Can't make up your dozzy mind whether it is winning or losing you want to emphasize.
 
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It's the only company in the UK where you can still order anything you want, everything else is shut and rules on what's essential or not which is a pain.

Imagine there busier than ever these days.
 
Amazon falling after hours. Must be the fact that people will be out of quarantine soon and wont be home buying items they didn't need but just wanted because they were bored out of their minds.
 
S2007S said:
Redid the Amazon math scale...ready


Amazon is up a gigantic $390 in the last week or about 18%

Doing quick math that if Amazon continues on this trajectory that by December 31st 2020 Amazon will have a screaming value of $8,100,000,000,000

498,000,000 (outstanding shares) x 390 = $194,000,000,000

$194,000 000,000 x approximately 36 weeks left in the year gets you approximately $6.9 trillion in added market cap on top of the $1.2 trillion it already carries, so a combined value of a $8.1 trillion dollar company. The numbers are absolutely mind-boggling. What I'm saying is that these gains are literally impossible to continue on the upward trajectory that Amazon has been climbing. There is no way a single company can be worth 38% of our national GDP!!!!!!!!!!

Amazon trading at approximately $2400 a share today!
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what idiocy is this ??
 
richDude said:
that's the thing, people keep saying what if you are wrong... people asking this is because they still don't understand the core of the boyz theory.... and it feels 'safer' to just trade the chart with a stop loss..

and that is fine, some people are making money this way... I am just telling you the dozzy master theory encompasses the universe of trading and therefore cannot be wrong because that IS how the market works.
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there is no boyz theory and there are no boyz. and there is no shaking

there is the Fed. Fed buys it goes up Fed doesnt buy it goes down

As Fed insists on not realistic valuation each iteration feeds into volatility burst more often as prices probably 3x what they should be so Fed has to buy more each time

now as they entered high yield stock market will become completely zombified as cleansing process stopped so we might see nasdaq doubles every year from now and stupid Fed will have to intervene each time it goes down 10% which will happen weekly soon unless the Fed put an explicit floor which I suspect they will do some time in the near future

then stock market will become savings account with 12-25% interest. Not a single sane person will put a dollar into bonds. So all debt public and private will be monetized - it will take another 10-20 trillion per year- and cycle will end in eventual and long awaited hyperinflation
 
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richDude said:
then how do you explain 33% down and 35% up.

this is why I call people blind and deaf.... here is a beautiful theory explains how the market works, yet it seems only very few are getting it.

keep on struggling then.
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LOL 33% down from ATH is > 35% up but recent swing low.

Do the math .... again.

Meanwhile I hope you are not talking about the SPX because the actual numbers are backackwards of what you posted. Down 35.27% and up (as of the close today) 31.36%.

Which is a lot less of a rise (to date) compared to the drop. Points-wise 1201.66 down / 687.36 up or only 57.2% of the drop regained so far.
 
Amazon is my largest long term hold since they announced adding over 100K + jobs asap. Even after covid-19, I think people will get used to ordering their drugs and groceries from amzn plus keep their prime. I predict that the company will be the first to reach 2T in market cap in 2021, or at least be the top-weighted stock in nasdaq by end of 2020, surpassing msft.
 
One way to keep amazon moving and keeping the nasdaq higher is too upgrade it with 2 upgrades back to back. One yesterday for $3300 and then today for $3000. Of course they have to keep the momentum going and what better way to do it with upgrading amazon 2 days in a row.


Amazon's stock surges toward 2nd-straight record close after BofA boosts price target to $3,000
Published: June 9, 2020 at 10:27 a.m. ET



https://www.marketwatch.com/story/a...r-bofa-boosts-price-target-to-3000-2020-06-09
 
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