Meanwhile net income in latest quarter was $1.6 billion or roughly a little under $18 million a day.
So mkt cap up $18 bil vs net inc $18 mil in a day. Nothing out of whack there. Nooooooooooo not at all.
"It's a growth story" haha.
Yup that's why I put quotes around growth story.This growth story is just a story, I think it's the excuse to keep the amazon bull going....how long investors an analysts can keep it that way is anyone's guess...
Amazon propping up the nasdaq once again.... amazon is the Nasdaq these days, without amazon there isn't much to be said, Nasdaq at historical highs because of amazon...how long the amazon story can keep going is anyone's guess but with a PE soaring above 200 these days there is literally zero room for error!!! Once the amazon trade is done investors better be hoping and praying there are heavyweights to take the nasdaq up because relying on 3-5 stocks out of hundreds and hundreds of companies to keep the nasdaq propped up isn't going to last forever!!!
FWIW, there are a ton of unfilled gaps out there in the ether. Some very far down there. If your contention is that all gaps get filled, I hope to have long passed away before that happens. There is no evidence for your belief.All gaps get filled, and just like new highs happen eventually, it is only a matter of the timing:
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Let's see them (SPX) please.FWIW, there are a ton of unfilled gaps out there in the ether. Some very far down there. If your contention is that all gaps get filled, I hope to have long passed away before that happens. There is no evidence for your belief.