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Amazon

Reasons to Invest in Amazon Stock During Turbulent TimesIn recent times, the stock market has been inundated with negative news. Many companies that were once considered resilient have faced serious challenges due to economic factors such as rising inflation, which has affected their earnings and appetite for stocks. However, there is a glimmer of hope as history has shown that a bull market always follows a bear market. The only unknown factor is the exact timing of this upturn. In the meantime, it is wise to invest in companies with good long-term prospects. This is especially true for those that have suffered during these turbulent times as they can be bought at bargain prices. One such company is Amazon, which is currently trading at its lowest level relative to sales volume since 2015. Amazon's success is largely due to its cloud computing business, Amazon Web Services (AWS), which generates a significant portion of the company's revenue. Although AWS is currently experiencing a downturn due to rising inflation, which has impacted its customers' budgets, the company's revenues continued to grow in double digits. As inflation eases and customer budgets improve, AWS will once again be a profit driver for Amazon. Another reason to invest in Amazon is its market leadership in e-commerce. The Prime membership program offers users fast and free shipping, as well as other benefits such as movies and books. The program has seen positive results, with Prime members increasingly relying on the service for shopping and entertainment. The NFL's "Thursday Night Football" premiere game generated the highest number of Prime registrations in three hours in the United States. This growth in membership should lead to renewed revenue growth once consumer spending starts to pick up. In today's tough economic climate, Amazon is taking steps to better prepare for the coming bull market. The company is working to improve its cost structure by cutting jobs and increasing its investment in AWS and technology infrastructure. Although these investments are costly in the short term, they will pay off over time, making Amazon a winner in the coming bull market.
NASDAQ:AMZNLong
by FOREXN1
7
BBY Best Buy - A Ripe Opportunity for 50%Best Buy is a company that I never liked. However, recently I had to deal with them and found that the stores are in much nicer shape, the inventory is much better, the web experience is actually pretty clean, and moreover, at least here in Canada, there's actually nowhere else to buy electronics. They pretty much have the market cornered. What I found is that while prices were low because consumer spending is in the toilet, inventory is also low because China has been smashed up pretty hard by the Wuhan Pneumonia pandemic, and the situation with Xi and his Chinese Communist Party is likely to get a lot worse before it even begins to try to get better. You have to be careful with equity longs over the next 4 months, especially the more bullish it gets, because the Chinese Communist Party's collapse is the big black swan that nobody believes is coming, but that the US and Wall Street seem to know is on the way. When the calamity unfolds, a lot of things are going to change in the world. No human beings are really prepared for what is going to happen. Humans and governments always make their plans, but reality always gets the last laugh. What this ultimately means is that for the electronics sector, demand should increase because we're heading into the spring and summer months of the North American markets, but supply will be low because the guys who were making things have been disrupted, and in the worst way. In other words, we're looking at a bullish impulse inside of prevailing bearish conditions, which is the premium short setup. But often the best short setups are precluded by outstandingly easy long setups, which is where we're at with Best Buy. I currently believe that since the prevailing narrative across all markets has been so bearish for so long, that we're about to get a bear trap that will see equities and indexes dump rather aggressively, because everything is about to go off hard to the upside. I believe that the real market crash will begin to unfold somewhere around the end of July of this year, and in the meantime, markets are going to pump while Wall Street gets positioned on the real "Big Short." So for Best Buy, there are some nuances to the chart that's been setup. One is that on the monthly bars, the price action can only be described as unclear. COVID and October lows have never breached or even touched the long term trendline, and yet there's an unbroken double bottom at $49. While double bottoms normally give me a big reason to believe they're about to become a magnet, I think that going from $86 to $45 in the next few months is just really not the most likely option. On the weekly bars, we get a much more lucid situation: Weekly, Best Buy is still trading well below equilibrium of the range measured from the ATH to the October low, and under the 200 DMA. None of these are bullish factors, but we also want to buy weakness when going long. In terms of upside targets, Best Buy has an enormous gap over $116 that was never touched on the way down. Instead, the MM algo left a spike candle at $112 and proceeded to dumpster it. Both of these areas become targets to aim for on a long trade. On the daily candles, recent price action was clearly a breakout play against the 200 DMA, with the recent FOMC rate pump activity being a re-raid on the August of '22 highs. This means I expect a pullback near the lows, primarily because price algorithms like to return towards lows after taking big highs during news drivers. But I feel it's also very obvious on Best Buy because there's a nice fat gap under the equilibrium between October lows, the recent highs, and the daily 200 DMA. Upside from the $75 area to the $115 gap is 50% and the time horizon is roughly 3 months. Stop out if it sets a new low. Good luck, and don't get caught being afraid on coming price action. Even more importantly, don't get caught being greedy if markets start to pump. Humanity will soon face an enormous tribulation that will be hard to pass. More will be at stake than trading accounts.
NYSE:BBYLong
by LordWrymouth
4
How to Access Stocks Earnings Report in TradingViewWelcome back Traders! TradingView has done an excellent job providing earnings information on individual stocks! If you are a new or existing stock market trader, you will find this information helpful and I hope you learn something new. Please support this education idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these ideas delivered straight to your email in the future. Thanks for your continued support!
NASDAQ:AMZNEducation
by BKTradingAcademy
20
Amazon -> Kind Of Left BehindHello Traders, welcome to this free and educational multi-timeframe technical analysis . Just recently Amazon stock perfectly retested and also rejected a quite obvious previous weekly support zone which was turned very strong support again. After this first initial bounce, Amazon stock then created a rejection of a long term downtrend-line and is once again approaching the weekly support area from which I do expect another rejection towards the upside. On the daily timeframe I am now just waiting for the market to retest the previous support area and if we then have some bullish confirmation on the lower timeframes, it is quite likely that we will see at least a short term rejection towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AMZNShort
by basictradingtv
47
Nasdaq NQ QQQ - Reality Will Be a Tough Pill for PermabearsNo matter how much you read in the establishment media or in the narrative-controlled and socially engineered Twitter and Discord and Reddit forums about "recession" this and "bear market" that, the reality is that while some individual stocks have certainly been a bear market for well over a year, the indexes are not a bear market. I made the call back at the beginning of November that the Nasdaq would head towards 14,000. The results were that it went up to 12,000 and came back near the lows, and three months has passed. Nasdaq NQ - Unpopular Opinion #2,118: 14,000 is Coming Price action is easy, timing is hard. That's the most significant thing I have enlightened to. But here we are in February after a serious rally, and now that the post-FOMC pump has come and gone, the narrative has become "this is the top" and "the crash is coming." However, just look at the weekly and monthly bars. This isn't bear market stuff. Monthly The literal last five months of Nasdaq futures has been a psychological operation against the COVID-June and COVID-October trendlines and the 2022 low of the year. It's incredibly obvious on the weekly candles Weekly The most notable thing is that the end of the year did not breach the October low, and 2023 opened with a big bounce. This tells us both that the low of the year isn't very likely to have transpired yet, and that we're still far away from a LOY unfolding. Moreover, I've seen posts on Twitter that were tracking the SPX and the VIX against the 2008 GFC, 2002, and even the Dot Com bubble, and the January bullish divergence has thrown out all the prior price action to at least the 1970s crashes. It's time for a revolution in our thinking. What people don't understand or want to understand about the fundamentals is that when the fundamentals are bad, price is often bound to do what's contrary to expectations, and go up. So long as the market makers have time to work with, they will raise the prices and raise the prices for the purposes of selling YOU, retail dead money, the stocks they've held for a long time and bought more of at each successive low, at higher and higher prices in anticipation of the real crash. The secondary effect this has is that while you're told by whoever it is that you're consciously or unconsciously taking orders from that the markets are about to crash BECAUSE RECESSION, FED FUNDS RATE, PROFIT/EARNINGS TOO HIGH, you're buying puts while it goes up. They expire worthless, you blow your account, and some Chad at JP Morgan goes for Happy Hour at 1:00 and wakes up under his car after a prostitute stole his Rolex. Modern human life is total garbage. Return to tradition and find art and family again. What's important about where we're at right now is that Nasdaq has finally retraced to its September CPI dump candle pivot, which it failed to breach, and looks to be setting up a double top after Friday's pullback. In my opinion, we're about to get a very nice pullback that will serve as a simultaneous scare to shake out longs, and also a trap for permabears to leverage their entire accounts on puts and 1.5-3x short ETFs. I'm specifically looking for a dump back under 12,000, which I believe is a long for price action that will take out the August highs by the end of March. If you don't believe that Nasdaq can take out the August highs, then let me ask you a question: Why did the Dow, the most bearish of all indexes, take out the August highs in the middle of December? In fact, the Dow as it stands is less than 10% away from setting a new all time high. After what now amounts to 3 months of market action that isn't going lower combined with the Federal Reserve slowing its rate hikes, ask yourself why you think stocks should go down? The truth is that the markets are going to crash. A terrifying market crash unlike the others has been arranged. But why do you think that the indexes either setting new highs, or doing a 76% retracement to the old highs, or setting a double top at the old highs, is out of the question before it unfolds? Nobody has an answer to that, besides that they think it's out of the realm of possibility, for really no reason at all. What you think can happen has nothing to do with what is actually happening, and this is the fatal flaw of an ordinary person, who only believes in what they can see while refusing to believe in what they cannot see. Once the truth stands before your eyes, it's too late to profit. All you can do is feel regret that you missed the opportunity. Not so bad with the stock market, but when it comes to major things in life, there are no mulligans in the Cosmos. Nasdaq to 14,500 by the end of March is my call. Buy the February dip if we get one and take profit over the old highs. Red Communist China is the Blackest Swan As always, you need to be careful in bullish market conditions, because an enormous black swan exists lingering in wait. That black swan is the Wuhan Pneumonia situation in mainland China as Xi Jinping and his Chinese Communist Party are on the verge of collapse. The CCP claims that 85,000 people (~54/1 million on a population-adjusted basis) have died from COVID since the pandemic began. This is despite the virus being engineered there, patient zero being in Wuhan, and the country being the most populous in the world. For comparison's sake, the US has a quarter the population, but has lost 1.1 million people (3,000~/1 million) to COVID. Even nearby Japan is posting 600 deaths per million people. Is it really realistic to believe the Party has suffered a factor of 60 fewer losses than a country across the ocean? And this is the same CCP that is a lying, murderous regime who has gone so far as to commit the unprecedented crime of organ harvesting during its persecution of Falun Gong. The same CCP that covered up the 2003 SARS pandemic and made it seem to the outside world that barely anyone died. The same CCP that every single human being who wants a future should be opposing with all of their might. If you don't want a future, why are you trying to make money trading stocks? If you lose your future, can you spend your winnings and have a happy life? It's up to you what you believe. An ordinary human has the flaw where they don't believe anything that isn't in front of their face, which is why they like to fall for the lies of establishment media and social media influencers. The wise ones figure it out before the cards turn face up on the river and the dealer awards the pot, though. The fools get stacked and will lose more than just some casino chips.
CME_MINI:NQ1!Long
by LordWrymouth
12
NYSE FANG+ Index: wait is better⌛' The NYSE FANG+ Index is a rules-based, equal-weighted equity benchmark designed to track the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the technology, media & communications and consumer discretionary sectors'. Companies included in the index: Meta, Apple, Amazon, Netflix, Microsoft, Google, Tesla, NVIDIA, Snowflake and Advanced Micro Devices. Graphically speaking, I would expect a better definition of which way the price is going. Looking at the Stochastic Momentum Index, I would say that opening a long position would be too risky. Below are some possible scenarios: Scenario 1: Scenario 2: Scenario 3: Scenario 4: Scenario 5:
ICEUS:NYFANG
by andre_007
2