Gotta love ZERO RISK in the SP500 = $$$

[S2007S]

Actually why not $3trillion. why not $10 trillion.

Damn it, I have to wait until September for prime day to buy more fucking garbage


The Seattle-based company this week decided to hold its annual Prime Day event in September, according to people familiar with the matter. The two-day sales event, which features deeply discounted merchandise, has typically been held in July. But strains on the company’s warehouses due to surging demand caused Amazon to postpone the event, the people said.

 

[S2007S]

Looks like it is tanking

Amazon down $50 a share since I posted that. ...

 

[orbit23]

It looks like SP could lose the floor beneath

 

[S2007S]

It looks like SP could lose the floor beneath

Wouldn't that be something. This trading range has been going on for too long and a break below 2750-2800 would surely bring back some volatility....and to think about 97% of analysts and economists and everyone else believes that march 23rd was the ultimate low!!!
This market can break down just as fast as it went from March 23rd lows to erasing nearly every loss in almost 2 months.

 

[orbit23]

Very good short here SPX around 2960 && long volatility IMO.

Stairs up, elevator down.

 

[Overnight]

Ha, it was up to historical highs and as soon as I wrote that message it went straight down

My point is that there is no way Amazon can continue to add the amount of market cap its been adding, the company would be valued at over $3 trillion by end of this year....what warrants a $3 trillioj market cap for Amazon? And when can you say that Amazon is a fully valued stock?

I bet that is what we all thought for the past 20 years. The ceiling is reached only when we stop building higher floors in the building. Rock on Amazon.com, be worth more than the USA! Then you can become your own country!

 

[S2007S]

I bet that is what we all thought for the past 20 years. The ceiling is reached only when we stop building higher floors in the building. Rock on Amazon.com, be worth more than the USA! Then you can become your own country!

Its a known fact that amazon wouldn't be where it is today if it didn't raise that money weeks just before the dot com collapse. In fact amazon would NOT have existed today if they didn't take those loans out back i20 years ago.

 

[Overnight]

Its a known fact that amazon wouldn't be where it is today if it didn't raise that money weeks just before the dot com collapse. In fact amazon would NOT have existed today if they didn't take those loans out back i20 years ago.

So what does that matter? Did you buy some AMZN when it was 10 bux per share? Me neither. Whoops!

 

[S2007S]

So what does that matter? Did you buy some AMZN when it was 10 bux per share? Me neither. Whoops!

So let's forget amazon for a moment and focus on a stock today, right nowwwww thats going to go from single digits to $1000, $1500 plus that no trader wants in their portfolio as of this second .....

 

[Covertibility]

https://twitter.com/x/status/1263607623082967041

Lindsey Graham flipped from being "a wait and see what the current stimulus is doing" to "let's go big with an infrastructure bill."

Tossing that IG that was investigating McConnell's wife could possibly be moving him to make the bill a little bit bigger than what he initially had in mind, who knows. I'd expect the creation of a Deficit Reduction Committee to be included in the bill just in case Trump loses in November; Sleepy Joe must be a one term president.