AMZN’s Short Term Pain VS Long Term Gain

ZEROHERO
2022-12-12

Quick scalp with 12% gain. AMZN is now hanging on a strong support just before the big week ahead. Need a break above 90 for calls or taking puts under 88.5 on Monday. No tigger, no trade as market likely to chop before the big CPI reading on Tuesday leading to FOMC on Wednesday.

Retail remains its top revenue source, with third-party seller services and Amazon Web Services (AWS) being the next big sources. Revenue stream for Q3 FY22 hit $127.1B, a 14.7% increase Y/Y%

The Pentagon splits its $9 billion cloud computing contracts (through 2028) early last week. The breakdown for the various winners are:

• $AMZN AWS.

• $GOOG Google.

• $MSFT Microsoft.

• $ORCL Oracle.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（103）

  • Top
  • Latest
  • CrystalRose
    ·2022-12-12
    TOP
    so many people think because a stock is going down you can just buy outs and hope it goes down again. All stocks would be at ZERO if they always kept going down all the way once they went down some. The smart money is on the Market reversing for Santa rally like every year
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      Santa Powell, the new market maker, is controlling the market now 🎅
      2022-12-12
      Reply
      Report
  • littlesweetie
    ·2022-12-12
    TOP
    Amazon is no longer the king in cloud services. Google, microsoft, and Oracle are snapping at its heels. Others will follow. And Walmart will topple Amazon in e-commerce soon.
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      More than clouds 😉
      2022-12-12
      Reply
      Report
  • CyrilDavy
    ·2022-12-12
    TOP
    Exactly what are the bulls expecting that will push this stock up?? Even if inflation were to drop a quarter point this week, it's still above 7%.
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      We need more bad news, which are good news for the stock market.
      2022-12-12
      Reply
      Report
  • Cklew
    ·2022-12-12
    $Amazon.com(AMZN)$ worth a hold
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      Need endurance 💪
      2022-12-12
      Reply
      Report
  • 全天股神
    ·2022-12-12
    go for short term
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      Day trade for 10-20% profit daily is the plan
      2022-12-12
      Reply
      Report
  • Hktee
    ·2022-12-13
    Like and comment :)
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      Done
      2022-12-13
      Reply
      Report
  • Silverwing23
    ·2022-12-14
    Noted
    Reply
    Report
  • views123
    ·2022-12-13
    ok
    Reply
    Report
  • jilimi
    ·2022-12-13
    👍
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      🙏
      2022-12-13
      Reply
      Report
  • 陳春豐
    ·2022-12-13
    👍
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      🙏
      2022-12-13
      Reply
      Report
  • weiyan9
    ·2022-12-13
    ok
    Reply
    Report
  • changgw
    ·2022-12-13
    up
    Reply
    Report
  • Daveslor
    ·2022-12-13
    Yep
    Reply
    Report
  • henghm
    ·2022-12-13
    like us
    Reply
    Report
  • osjusti
    ·2022-12-12
    [smile]
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      😊
      2022-12-12
      Reply
      Report
  • 逢場作戲又一日
    ·2022-12-12
    Great
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      💪
      2022-12-12
      Reply
      Report
  • YeeJiun
    ·2022-12-12
    ok
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      Let’s bank
      2022-12-12
      Reply
      Report
  • ONG1977
    ·2022-12-12
    k
    Reply
    Report
  • Endless3210
    ·2022-12-12
    Ok
    Reply
    Report
  • CLOO
    ·2022-12-12
    😄
    Reply
    Report
    Fold Replies
    • ZEROHERO: 
      😉
      2022-12-12
      Reply
      Report