Nothing bearish about this patttern. Amzn has ALWAYS been a great buy when it gets at or below its 200dma. $75.5 would be a great entry point It all depends if your looking for a trade or if your an investor.
Amzn will continue to grow for many years. If you ever bought anything on line they stand out as an amazing value and their service is fantastic
Dow Target 6,617, October 25, 2009: Here Is Why [View article]
Great debate. here is my take. For now, the market will follow the herd mentality and continue higher until the retail investors are all in. The FED printing money will eventually lead to a blowoff top just like it did in 1999. Crushing debt, high unemployment, rampent inflation will follow. Municipal governements around the country are struggling to make their debt payments now. Wait unil the rate resets start in 2014 on the commercial RE market. Investors are chasing return in the hope of gaining back staggering losses. When the tide turns, they will panic and not want to lose again. That may exasperate the power of the move down. Cash for clunkers is a joke. Another ploy to help save a dying auto industry. Not because they can't innovate, because the refuse to do so. Foreign automakers are years ahead of them. They had their chance and blew it. Banks/Brokerages and institutional investors have all been bailed out with YOUR tax money. Top execs win. You lose. Did you get a bailout? How is that home price fairing? You can't foreclose on your bank but they will surely go after you. Your tax money saves them and they foreclose on you with what's left. NICE!!!!! At $11Trillion and rising, our national debt is becoming an enormous burden on our society and future generations. You work hard to send your tax money to china, russia, other countries????? Stupid. They in return send us inferior products and toxic toys. GREAT.. Add it up. Crushing debt, rising unemployment, crumbling infrastructure, commercial defaults, foreclosures, credit card defaults, socialistic new government, bankrupt medicaid,medicare, social security and aging population without retirement savings. Sure the market will rally with $4 trillion on the sidelines. Trouble is, nobody rings the bell at the top.
Amazon's Zappos Acquisition Makes Good Stategic Sense [View article]
Yet another great move by Bezos to continue building the brand and diversifying the model. Cross selling opportunities abound and this is still only the begining. Growth will continue for another 10 years here. Look for new highs to be coming and use pullbacks as the obvious opportunity to build a great position.
Amazon Earnings Preview: How Long Before the Jig Is Up? [View article]
Unfortunatly for those that like to look at realistic earnings multiples, you will never own AMZN. Like trying to buy MSFT in its begining, strong dominant growth stocks always have the highest multiple. One day you will be right, but not today. While you short or avoid the stock you also run the risk of limiting your returns. CD's might actually be right for you.
Amazon: Bearish Pattern Forms [View article]
It all depends if your looking for a trade or if your an investor.
Amzn will continue to grow for many years. If you ever bought anything on line they stand out as an amazing value and their service is fantastic
Dow Target 6,617, October 25, 2009: Here Is Why [View article]
For now, the market will follow the herd mentality and continue higher until the retail investors are all in.
The FED printing money will eventually lead to a blowoff top just like it did in 1999. Crushing debt, high unemployment, rampent inflation will follow. Municipal governements around the country are struggling to make their debt payments now. Wait unil the rate resets start in 2014 on the commercial RE market.
Investors are chasing return in the hope of gaining back staggering losses. When the tide turns, they will panic and not want to lose again. That may exasperate the power of the move down.
Cash for clunkers is a joke. Another ploy to help save a dying auto industry. Not because they can't innovate, because the refuse to do so. Foreign automakers are years ahead of them. They had their chance and blew it.
Banks/Brokerages and institutional investors have all been bailed out with YOUR tax money. Top execs win. You lose. Did you get a bailout? How is that home price fairing? You can't foreclose on your bank but they will surely go after you. Your tax money saves them and they foreclose on you with what's left. NICE!!!!!
At $11Trillion and rising, our national debt is becoming an enormous burden on our society and future generations. You work hard to send your tax money to china, russia, other countries????? Stupid. They in return send us inferior products and toxic toys. GREAT..
Add it up. Crushing debt, rising unemployment, crumbling infrastructure, commercial defaults, foreclosures, credit card defaults, socialistic new government, bankrupt medicaid,medicare, social security and aging population without retirement savings. Sure the market will rally with $4 trillion on the sidelines. Trouble is, nobody rings the bell at the top.
Amazon's Zappos Acquisition Makes Good Stategic Sense [View article]
Look for new highs to be coming and use pullbacks as the obvious opportunity to build a great position.
Amazon Earnings Preview: How Long Before the Jig Is Up? [View article]