Trump may have knocked Amazon off its perch.
Bezos picked a fight with Trump when he was running for President. He never thought in a million years that Trump would win. I bet he regrets his mockery of Trump now. A really bad move by Bezos.
Agreed. There will be ramifications for some of the other blowhards.
Likely a tough road ahead for Bezos. Will likely shave billions off his net worth.
Did Bezos reach the trillion dollar status or did he bounce in and out of it? I do like Amazon...
No. Amazon is a $700 billion company. And Bezos himself is worth $117 billion. With Amazon's stock as high as it is currently, it puts him as the richest man in the U.S. (ahead of Buffett and Bill Gates). But Amazon's stock is likely going to have a sizable crash. And when it does, his time at #1 may be short-lived.
Berkshire Hathaway and Microsoft will have huge pullbacks as well. But I think Amazon's will be much greater.
Apple is an $875 billion company and it (in time) stands the best chance at hitting the trillion dollar valuation mark one day. But first, I think Apple too, has a huge pullback long before it makes its next large run-up to that level.
Thanks for the info...don't have any Amazon stock but sure do like to shop there...
Yeah I wouldn’t suggest owning the stock...but yes, I’m a customer/prime member too.
Two major metals have been "dead in the water" for a long time now but they're about to wake up out of their slumber and
Long ago, I learned to trust charts over analysts because charts show what the pros are really doing vs what they are
Here are some tips on how to realize risks in an asset when others do not. And how to avoid the traps that they get
In this video, I want to show you a measurable, visual way that you can tell when investors are likely getting it wrong.
The charts tell us things LONG before analysts or money managers tell us things. It's one reason why I love charting.
Near market tops, the pros "say" one thing on financial TV and "do" another. It's why I love watching what the charts
Once I learned how to interpret Japanese candlestick charts, I always preferred them over bar charts or line charts.
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There are many ways to successfully climb the investing mountain. But many end up falling over the "investing cliff".