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.
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.
Signs of too much of a good thing maybe isn't quite so good: The Don’t-Order-Everything Store https://slate.com/technology/2020/04/amazon-coronavirus-supply-chain-delays.html
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
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