Heads up - AMZN is going to breakout of 9-month trading range.

DiceAreCast said:
That's not what Trends show. People moving their entire life into the suburbs and country side. Camping gear completely sold out? There are some indications that people seek the outdoors where they can live some semblance of normal life
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Trends change. We shall see. It will be an interesting watching of the money flows as the economy "opens", as it is supposedly going to, now that peeps are getting the blue pill in the arm.
 
Overnight said:
Yes. Amazon had their best Q4 ever. I expect that momentum to carry forward through Q1, which we will find out in a few weeks in their earnings. They were caught up in the rotation from growth to value in Feb/March, and I strongly suspect that with their earnings they will come out ahead and hit new highs in Q2.

There is just too much AMZN saturation in everyone's lives, and it starting to finally show. Keep an eye on Alphabet, too. I am seeing so much crazy crap on Youtube with monetization. It's gone nuts. EVERYONE now seems to have a live channel, and is vying to get likes and subscribers. That means good click-thru dollars for Alphabet.
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The amount of click bait on youtube and other forms of social media is incredible. I guess you have to fight for all that ad revenue some how. Lots of people have turned to making content as a form of income. How long and how far out can this go is anyone's guess.
 
OptionsOptionsOptions said:
  • AMZN is going to breakout of 9-month trading range.
  • Take a look at the 1-year chart.
  • $180 below all time high.
  • Earnings end of month.
  • AMZN market cap 1.7 trillion.
  • Should be 2 trillion.
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I own it because there are only about 5 stock in the whole market I like and its one...but i will not hold through earnings and i will sell it on any good up move.

The only real strategy in an environment of high inflation, high wage pressure from DC, high taxes and high interest is to own a pure monopoly ...retail has been killed to death. There is only one place in all of USA to buy stuff...amazon won
 
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