Is this a good time to buy Amazon stock or is there going to be further slide down?
TOP 11 Comments
- Amazon / Eng Yolo!Yes, good time to buy purely based on the potential of AWS! You have analysts calling for $350 B market share for AWS alone.. P.S you should have loaded up when it was close to 1300
- The only thing I would buy is a put. The current market is identical to the state of the market in late 2007. We are going through quantitative tightening through the federal reserve and they are drying up all the liquidity. The market topped on Oct 3rd 2018 and the average bear market is 18 months long. You are crazy if you are buying stock from a 10 year bull market that is on its way down. Protect yourself and invest in gold/silver and cryptocurrency. They will be the only safe havens during this crazy time, even bonds aren't a good hedge like they once were. The everything bubble is popping and the fiat monopoly money US dollar as we know it is slowly on its way out and we will revert to a gold backed currency with a limited supply. I am a quantitative trader and have been shorting the market since it started and there is still a long way down. Stay safe out there.
- I always recommend a diversified portfolio, but the assets that will see the greatest upside potential are cryptocurrencies (XRP, ETH are a good place to start) as well as physical assets including gold and silver. I personally only own silver, no gold, because the ROI will be greater when they both rally together based on the long standing gold-silver ratio which has been suppressed since 08 as JP Morgan took the worlds largest short position on it as they amassed 900 million oz of it. They just recently switched to a long position.Jan 9 0