All things STOCKS

[VolAllen]

The cost of those at close….

 

[Jax_Vol]

I literally sold at 1:38 when it looked like the run was about to reverse. Unbelievable

Yeah,,,I managed to lose about $8k right at that same point in time.

I gotta avoid 'drinking and a betting' on whatever J-Pow is going to say.

But the good news....we at least hit a breaker on the way to bottom. I still think we finish the year lower, but his tone was improved.

Sorry for your miss...that was a potential big one.

 

[Velo Vol]

The Federal Reserve is on track to slow its pace of monetary policy tightening as soon as December, Chairman Jerome Powell said on Wednesday.

In a speech at the Brookings Institution, Powell said the Fed remains focused on reining in inflation and, despite recent progress, the central bank “has more ground to cover” and may ultimately need to raise interest rates higher than previously thought.

Powell suggested the Fed will be slowing the pace at which it reaches its terminal rate as it waits for the impact of interest rate increases—including four straight 75 basis point hikes this year—to filter through the economy.

I don't think he said anything "new" today. He did tend to focus on things that could be viewed as dovish.

On the other hand, he also said that we could be looking at a higher terminal Fed funds than they expected in September.

Quite a reaction. I guess sentiment is so bearish that it doesn't take much to drive prices up.

 

[Firebirdparts]

Sorry, Allen.

I was way chicken. I thought a half percent in December was anticipated, but anyway, evidently not "priced in" as they say.

 

[Jax_Vol]

Seems to me that was too large of a gain yesterday. Therefore, now that everyone has slept on it, thinking it will throttle back some today or tomorrow.

Starting at that 1:38 mark yesterday. that was like a massive fast charge of the bulls. I certainly was not ready for that much, that fast.

 

[Velo Vol]

 

[Go aeiou]

AMZN: Wife gets something delevered every day from someone, usually Amazon. Amazon has gone to selling absolute junk/trash.
Cheap,cheap, cheap.
Cowen put a price target of $160 today. I suspect $60 is more likely.

 

[Firebirdparts]

The VIX is a greed indication, obviously, but I think it would seem unwise to "have a feeling" about this December going way differently from how it usually goes. Or maybe if you do have a feeling, don't gamble too hard on it.

 

[Firebirdparts]

AMZN: Wife gets something delevered every day from someone, usually Amazon. Amazon has gone to selling absolute junk/trash.
Cheap,cheap, cheap.
Cowen put a price target of $160 today. I suspect $60 is more likely.

You've perfectly captured why I didn't invest in microsoft in 1984. They suck.

 

[Velo Vol]

For now.

 

[Jax_Vol]

I don't trade Apple, but if I did...this morning seemed like an ideal short opportunity.

Overbaked yesterday

 

[Go aeiou]

You've perfectly captured why I didn't invest in microsoft in 1984. They suck.

I did invest in Amazon in 2015. Not the beginning, but very profitable. Have also owned mfst, but don't recall when. I thought home computers became common around 2000?
Who knows. Amzn could double in 2023?

 

[Jax_Vol]

You've perfectly captured why I didn't invest in microsoft in 1984. They suck.

Microsoft sucks? Do you work in an office environment? Microsoft is a bigger monopoly than Standard Oil.

Microsoft is a beast. Give them 10 years, and they will absolutely bury Amazon Web Services.

 

[Jax_Vol]

I did invest in Amazon in 2015. Not the beginning, but very profitable. Have also owned mfst, but don't recall when. I thought home computers became common around 2000?
Who knows. Amzn could double in 2023?

With Bezos retired, I foresee Amazon being the next Sears.

 

[Firebirdparts]

Microsoft sucks? Do you work in an office environment? Microsoft is a bigger monopoly than Standard Oil.

Microsoft is a beast. Give them 10 years, and they will absolutely bury Amazon Web Services.

A word to the wise should be sufficient. You can decide if you're wise or not.

[edit] Okay, I realize you're not going to get that either. But anyway, just know that you did not get it.

 

[Jax_Vol]

A word to the wise should be sufficient. You can decide if you're wise or not.

[edit] Okay, I realize you're not going to get that either. But anyway, just know that you did not get it.

Ok. Yeah, you must know something that I don't know. And, that the majority of the mega growth funds don't know.

With their current leadership. Apple and Microsoft represent the best of the USA. Put all your money into those two, ignore for 7-8 years, and then you will find twice as much money in your account. Both are beast mode.

Amazon.......maybe / maybe not?

 

[Majors]

AMZN: Wife gets something delevered every day from someone, usually Amazon. Amazon has gone to selling absolute junk/trash.
Cheap,cheap, cheap.
Cowen put a price target of $160 today. I suspect $60 is more likely.

Only stock in portfolio not in the +, I'm still buying in at the low prices but still waiting for the big bounce up.

 

[Velo Vol]

AMZN: Wife gets something delevered every day from someone, usually Amazon. Amazon has gone to selling absolute junk/trash.
Cheap,cheap, cheap.
Cowen put a price target of $160 today. I suspect $60 is more likely.

I don't know what the stock's going to do. It didn't bounce much yesterday, but . . .

Don't they sell whatever people are ordering?

 

[Thunder Good-Oil]

AWS alone is almost worth $1 trillion. The retail operation is worth about 3/4s of a trillion. The market cap of AMZN is about a trillion.

 

[Jax_Vol]

AWS alone is almost worth $1 trillion. The retail operation is worth about 3/4s of a trillion. The market cap of AMZN is about a trillion.

Yes, no doubt....AWS is rocking right now.

But history shows....once you get in the crosshairs of Microsoft. Boom...lights out!

Department of Defense JEDI project is just one recent example. That MS bunch can pester the hair off a billy goat.

Joint Enterprise Defense Infrastructure - Wikipedia

 

[Thunder Good-Oil]

Yes, no doubt....AWS is rocking right now.

But history shows....once you get in the crosshairs of Microsoft. Boom...lights out!

Department of Defense JEDI project is just one recent example. That MS bunch can pester the hair off a billy goat.

Joint Enterprise Defense Infrastructure - Wikipedia

Microsoft can bully the small and mid caps. They would erode enormous value getting into pissing matches with the other mega-cap techs. MSFT, AMZN, FB, GOOG, ORCL, AAPL, and a few others know his to co-exist.

 

[05_never_again]

With Bezos retired, I foresee Amazon being the next Sears.

I would agree with you if they didn't have AWS, make Fire sticks, own Ring, own Zoox, etc. They are sooooo much more than just an online store.

 

[Jax_Vol]

I would agree with you if they didn't have AWS, make Fire sticks, own Ring, own Zoox, etc. They are sooooo much more than just an online store.

Yes, I read a book about them. In that regard, they remind me of General Electric under Jack Welch. Into everything!

Again, with Bezos leading the charge, it was a great era. Without him, I don't know?

Bezos himself is on record stating that he expects Amazon to end up bankrupt in about 20 years.

I have a friend who works for Blue Origin. That is privately owned by Bezos. At the start, it was a huge hot mess. Elon and Space X blew them away. I think Blue Origin is better now, but still not fantastic.

Hey....I may be wrong.

 

[Thunder Good-Oil]

Bezos isn’t retired and still leads Amazon. He just does it as board chairman instead of CEO. The CEO executes any plan as directed by JB.

 

[Velo Vol]

AWS alone is almost worth $1 trillion. The retail operation is worth about 3/4s of a trillion. The market cap of AMZN is about a trillion.

Not a great chart, but as a retail comparison it's really underperforming Walmart this year, which is near an all-time high.