Is it a good time to pick up AMZN now? It's already at an all time high and prime day is coming up
Because the market is sentimental. It'll be exhuberent as soon as Amazon releases numbers ($ made, #transactions,..)
Lots of investors buy based on prime day performance. The announcement on sales numbers usually gives a lift. If prime day doesn’t perform as well as last year though, it’ll definitely tank the stock. Either way timing the market is a fools game. But for the long term.
Yes. Buy into the hype.
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Why would one prime day affect it's price whatsoever? Surely there are expectations built into the models of the upcoming prime day.... Unless you have insider information that knows more