$Amazon (AMZN.US)$ I think you're seeing just a rotation of ...
$Amazon (AMZN.US)$ I think you're seeing just a rotation of money between money leaving Amazon going into Apple and money leaving Amazon going into Nvidia. clearly there's nothing wrong with Amazon they had a stellar quarter the Ford projections are outstanding I think this just goes back to a big percentage of hedge fund money and institutional money chases velocity chases movement Amazon had it Spike now you're getting consolidation and rather than these institutional investors being patient they sell and they move to where the next leg up is which is obviously Nvidia and Apple computer.. it will come back to Amazon there is no doubt about that and Amazon will set new highs within the next couple of months and then everybody will be talking about Amazon again.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
1261Followers
14Following
8762Visitors
Follow
Salmon Klein : what's going on with the new apple computer? apple I feel is a bit behind all big tech
10baggerbamm OP Salmon Klein : well that's what every bobblehead's been saying.. we'll find out in June in the meantime Apple stock is going to rally up to the conference just like Nvidia did. so this may be a buy the rumer sell the fact if Apple doesn't woo the investment community with their AI embedded cell phone or whatever they're going to be saying.
Salmon Klein 10baggerbamm OP : I see I have some shares of it but I am not happy with their performance...maybe be looking for consolidation in the 190 but is already there for 6 months or so time to move up or down but somewhere...AI in your phone sounds nice but if you can talk to it or something like that I can keep using ChatGPT...also Google/Samsung could so so with Geminis or other platforms...let's see if there is something nice coming out
10baggerbamm OP Salmon Klein : I've owned Apple for decades you don't bet against a winning company they have a billion and a half customers they have a brand that is unlike any other brand in the world historically Coca-Cola has the number one image when people see the Red and White Wave they know it's Coke apples right there but when it comes to loyalty people buy Apple they own it they will never switch to an Android it's like when you buy a Tesla you never switch you don't care what China comes out with what Porsche copycat look like at half the price it doesn't matter you are a Tesla buyer you are a Tesla loyal customer for life. I bought more Apple at 180 I thought it was going to hold the support it didn't it tanked and now it's 192 193 and I think we'll see new highs out of apple leading up to this conference you know 199 and I think we could go to 208 if what they have to say is really really impressive
Salmon Klein 10baggerbamm OP : nicely seen....I dont like apple overall probably that's the reason why I don't understand why people want to buy their products hahaha but I appreciate their innovation 15 years ago changing the world with iphone...so that's why I have some shares...wondering if getting more after the conference maybe
Lezgo Moobie Salmon Klein : Different color and design, inside still the same.