Prime Day 2016 brought its biggest sales day ever, w global orders rising 60% compared to 2015. This year will be even bigger. Bullish
With Amazon allowing Chinese commerce for the first time on Amazon Prime Day.... My question is.... Will this affect BABA in the short term/long term/both/none? Thanks so much in advance for your opinions!
Your choice folks, you can buy tomorrow at the open at $1010, or wait till after earnings and buy at $1100!! You won't buy my shares!!
Consolidation today & also at the top of Bollinger Band at open. MACD bullish crossover on the daily chart.
I bought David Weis's book, Trades About to Happen....from Walmart! Got it in 2 days with free shipping but I chose to pick it up at one of the stores on my way home from work and got a nearly $3 discount. Try that trick Amazon. Price-wise on AMZN, $927 is sticking out like a sore thumb for a retest lower.
Morgan Stanley raises Amazon’s price target from $975 to $1,200 and maintains an Overweight rating. Amazon shares are up 0.61% to $1,033.
This just in, MS is long on AMZN! I used to try justify AMZN's market cap over the past 10yrs, now I just accept it. lol
In at average price of 1021. I think that this will be a good week. Definitely not shorting this monster.
Amazon.com Inc's Prime Now quick delivery service in Singapore, which launched on Thursday and kicked off its push into Southeast Asia, has been overwhelmed by demand, preventing it from taking on fresh orders.
Added some more. Eventually the market will go bullish again, you want to buy now for that moment. LONG. If this goes to 950 you've got to load the boat, but I don’t think it'll see that low. It'll probably bounce tomorrow tbh. PT 1050+
AMZN P/S ratio of 3 vs FB of 13. Both still undervalued given current rates. AMZN more of a bargain at the moment imho.
To infinity and beyond! Over 300 retailers went bankrupt this year, Amazon is eating their lunch and sleeping with their wives!
