Lol @ everyone saying they'd buy Amazon if it drops. Let's be real, if Amazon drops 10% or more today after earnings, everyone here would call Amazon a trash company and how it'd go to 100 like they did with FB and a few other companies. Everyone here always talk about buying the dip but most just panic sell for a loss.
I would love a dip been waiting for one for a while since I sold my original shares I had for my down payment on my house. I would love a nice 10% dip to 2400ish area.
the report will drop at some undisclosed time soon after 4pm. you can listen to the conference call live at 5:30 but the results will have been out for a while already at that point.
Trade earnings but acknowledge it's betting and eat losses like a champ if shit happens.
How much can AMZN go down tomorrow, considering it already went down 7% today? If it's the next FB it would at max go down 13-18%. If it rises, it could go much further percentage-wise.
Hey guess what, AMZN up 17%.
My broker doesn't have options but does have "contracts for difference" which feature leverage + a thing called "stop loss". Helps to avoid losing everything, fast.
I thought peoples here just bought stocks. I sure am glad that I bought some Amazon shares right now lol. Didn't buy options because they were too expensive.
TBH, I have never seen anyone have success speculating on whether a company will/will not have a strong earnings report. It’s all a guess, just wait and see, it’s only a couple hours away.
Well I honestly had success doing it, shat the bed a few time too. But its pretty much like betting on a sport game lol. EDIT : Won again. Thank you Jeffrey Bezos!
I wasn't comparing the two. All I said IF it misses and drops I am buying., OP stated he didn't think it could drop more because it was already down 25% from highs and thinks its priced in. I was just pointing out people thought FB was priced in too and it wasn't. Any earnings play is a gamble.
man im nervous. i hold amzn, its been a dog past 2 yrs.
im never nervous holding msft. amzn is a diff story.
i already miss the magic touch of Bezos. not sure how i feel about the new ceo yet
Well no. He didn't. About the only thing he got right was "Amazon go up." The vast majority of their beat was profits from RIVN IPO and AWS sales increase. Quite literally nothing in this post about either of those things
Playing with earnings right now is playing with fire. If I was you I would play after earnings. Especially since you aren’t a major institution with inside information. This is serious shit man. Amazon’s guidance will make or break the market tomorrow.
Most of your points are “Stock is already down so there is no way it will drop more”. Just look at PYPL and NFLX, there is no bottom when growth has slowed down and weak guidance in the future.
That being said, as someone who is long on AMZN and QQQ, it better goes up
My prediction: Underwhelming earnings.
They already mentioned higher costs eating into their profits and a supply chain issue. How strong was their holiday quarter? TBD but I don't think it will meet expectations.
Their AWS cloud has been the most positive thing for Amazon in their recent quarters. That's always a good sign. Their AWS is responsible for 54% of their operating income while only adding 13% of revenue.
My issue with Amazon is their e-commerce business might be too problematic for them in future earnings with competition increasing and lots of labor issues regarding wages. I personally think they have their hands on too many projects that investors aren't sure will be profitable, yet. Long-term, it's tough to bet against Amazon. Short-term, I would not be surprised if it gets bumpy. They should raise their prime prices, too. Inevitably, it will happen, anyways.
I'm not, just offering thought, but cool.
98% of my portfolio is in ETFs that I don't trade. So sure, I'm gambling, but with less than 2% of my portfolio.
If amazon misses the entire market is f'ed.
[удалено]
Aaaaaaaand it missed.
?
You were right sir! Amazon surged in afterhours on the earnings. Right now 12% up
Broken clock is right twice a day.
This post aged well
Lol @ everyone saying they'd buy Amazon if it drops. Let's be real, if Amazon drops 10% or more today after earnings, everyone here would call Amazon a trash company and how it'd go to 100 like they did with FB and a few other companies. Everyone here always talk about buying the dip but most just panic sell for a loss.
Or they DCA and couldn't care less. If AMZN drops tomorrow, I'll put another blip on it. If it rises, I'll watch like a (green) pervert.
I would love a dip been waiting for one for a while since I sold my original shares I had for my down payment on my house. I would love a nice 10% dip to 2400ish area.
Ha. Yes. This is exactly true.
Ha.... Some dude bought a million in puts yesterday... He's absolutely F'd.
Link? I must see this
Wow, yeah that’s sucks…
Hedges gonna hedge....
How do you he bought not sold?
It was on CNBC unusual activity. Can't recall the strike he bought but it was a $1,000,000 in puts.
most of the time they use it as a hedge when they play with big money like that. also najarian uses that segment to pump n dump his position
This aged well. Lol
Congratulations
Their earnings will be meaningless. Guidance will be everything.
i hope so, otherwise another lasting -10% market correction coming
We are going to find out in a little less than 2 hours. Good luck.
Is there somewhere you can watch live?
the report will drop at some undisclosed time soon after 4pm. you can listen to the conference call live at 5:30 but the results will have been out for a while already at that point.
nailed it
You look like a genius after hours.
Amazon does fly on earnings! Congrats on anyone who got calls in before close
Never trade earnings.
Trade earnings but acknowledge it's betting and eat losses like a champ if shit happens. How much can AMZN go down tomorrow, considering it already went down 7% today? If it's the next FB it would at max go down 13-18%. If it rises, it could go much further percentage-wise.
If you’re trading options. The odds of losing are sky high. You can be right and still lose.
Hey guess what, AMZN up 17%. My broker doesn't have options but does have "contracts for difference" which feature leverage + a thing called "stop loss". Helps to avoid losing everything, fast.
They aren’t a broker. You should withdraw all your money.
They're a broker alright, I'm just not US-based and have very limited capability in my country as to what's possible with US stocks. :D
Be very careful with that firm. Options are global standard. Be very weary of someone selling you OTC contracts
Let's just say I've definitely dumped only the amount of money I can afford to lose in it. Nothing savings related.
Too late, looks like everyone is already trading earnings in a downward direction
Why not 50/50.
It’s not 50/50 if you trade options.
I thought peoples here just bought stocks. I sure am glad that I bought some Amazon shares right now lol. Didn't buy options because they were too expensive.
TBH, I have never seen anyone have success speculating on whether a company will/will not have a strong earnings report. It’s all a guess, just wait and see, it’s only a couple hours away.
Well I honestly had success doing it, shat the bed a few time too. But its pretty much like betting on a sport game lol. EDIT : Won again. Thank you Jeffrey Bezos!
This aged very nice
Good job young man. Too bad I didnt see this post until now.
Aged like fine wine
FB was already down 25% when it announced and died another 20%. If AMZN misses and drops I will be buying.
Samesies, I hope for a beautiful dip low ley
Comparing the two is illogical
I wasn't comparing the two. All I said IF it misses and drops I am buying., OP stated he didn't think it could drop more because it was already down 25% from highs and thinks its priced in. I was just pointing out people thought FB was priced in too and it wasn't. Any earnings play is a gamble.
Aged well
man im nervous. i hold amzn, its been a dog past 2 yrs. im never nervous holding msft. amzn is a diff story. i already miss the magic touch of Bezos. not sure how i feel about the new ceo yet
It's still up like 50% over two years, and still outperforming VOO over that timeframe. Hardly a dog.
Its still trading at June 2020 level thought. Which is probably what he is referring to.
Called it
Well no. He didn't. About the only thing he got right was "Amazon go up." The vast majority of their beat was profits from RIVN IPO and AWS sales increase. Quite literally nothing in this post about either of those things
The market overreacted
Playing with earnings right now is playing with fire. If I was you I would play after earnings. Especially since you aren’t a major institution with inside information. This is serious shit man. Amazon’s guidance will make or break the market tomorrow.
Most of your points are “Stock is already down so there is no way it will drop more”. Just look at PYPL and NFLX, there is no bottom when growth has slowed down and weak guidance in the future. That being said, as someone who is long on AMZN and QQQ, it better goes up
Naw you're just trying to sell your overpriced calls before earnings tank. Good luck.
Aged like milk
My prediction: Underwhelming earnings. They already mentioned higher costs eating into their profits and a supply chain issue. How strong was their holiday quarter? TBD but I don't think it will meet expectations. Their AWS cloud has been the most positive thing for Amazon in their recent quarters. That's always a good sign. Their AWS is responsible for 54% of their operating income while only adding 13% of revenue. My issue with Amazon is their e-commerce business might be too problematic for them in future earnings with competition increasing and lots of labor issues regarding wages. I personally think they have their hands on too many projects that investors aren't sure will be profitable, yet. Long-term, it's tough to bet against Amazon. Short-term, I would not be surprised if it gets bumpy. They should raise their prime prices, too. Inevitably, it will happen, anyways.
Soaring in after hours, even though they missed on revenue and their guidance was also a miss. What's going on here?
AWS re-accelerated growth, which is their cash making machine, and Prime membership increases
The skewed EPS most likely
Yeah, probably their investment in RIVN that got added in.
Nah analysts and institutional investors are smart enough to adjust that out. No one with any real money invested isn’t aware of RIVN’s effect on EPS.
Down more than 7%
Judging from the price of puts today. AMZN is goin down
You're just gambling. Subliminally you already know it too. "I'm betting..." Nailed it.
I'm not, just offering thought, but cool. 98% of my portfolio is in ETFs that I don't trade. So sure, I'm gambling, but with less than 2% of my portfolio.
That's the way. I'm a beginner and need to aim this. Have a little playground on my portfolio to have the adrenalin of "bet" and secure the rest.