$Amazon.com(AMZN)$ The big fish are SELLING folks, they've been selling for the last 3 weeks in case you haven't noticed. Don't look at individual stocks that are the EXCEPTIONS to this rule like $NVIDIA Corp(NVDA)$ , look at the whole broad market and you will see the big fish are selling BIGTIME!
Thus ask yourself, if they're selling broadly right now what do you think they think the next 6 months to a year looks like? Ugly that's what it obviously looks like to them so they're getting out. This always happens too before a big market correction/crash, they leave mom & pop holding the bag at the top.
Fierce competition in e-retail from $PDD Holdings Inc(PDD)$ and others, fierce competition from in cloud form $Microsoft(MSFT)$ and $Alphabet(GOOG)$ $Alphabet(GOOGL)$ . What does AMZN got going for it to justify investment until elections?
I think this will turn into a disaster day for most stocks
Leonardo Dicaprio Lol GIF
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