Biggest crash in stock market history?

[Dave Taylor]

All i want to know is who called the bottom back in the March?

I’m rather confident still that we haven’t seen the bottom yet.

 

[Dave Taylor]

Shorted xop via DRIP this morning.

 

[Dave Taylor]

Amazon is a beast

https://www.google.com/amp/s/financ...mazon-1q-2020-earnings-results-152725949.html How did earnings go?

 

[Dave Taylor]

Lol- and @Dave Taylor you were busting Amazon’s onions about selling products at low margins. They squeeze the shit out of companies.

That said, its hard to bet against right now.

How did earnings go? Asking for a friend. TSLA is killin it too lol.

 

[The Kalmyk]

How did earnings go? Asking for a friend. TSLA is killin it too lol.

They missed them. You were right.

Im left to believe you dont play as hard as you talk though. So i doubt you made out on their short comings?.

 

[Dave Taylor]

They missed them. You were right.

Im left to believe you dont play as hard as you talk though. So i doubt you made out on their short comings?.

I do but I will quote myself ...”I am not playing Amazon”. I do however have a small speculative position in FNGD which shorts all the FAANG stocks. These are not options however.

 

[stb222]

How did earnings go? Asking for a friend. TSLA is killin it too lol.

You said they would “tank”, not sure they did such.

 

[Dave Taylor]

You said they would “tank”, not sure they did such.

We haven’t seen them trade yet. AH doesn’t count.

 

[Dave Taylor]

You said they would “tank”, not sure they did such.

I think amazon will miss on earnings and collapse. I don’t understand it either. We are in a bear market. Dow Composite index is hitting a lot of resistance. China had a 6.8% contraction in the first quarter gdp ...this is what I said. A collapse isn’t over night but I feel the titanic is sinking.

 

[rick81721]

You said they would “tank”, not sure they did such.

they exceeded on sales, missed on earnings. The bigger news, and why the stock may take a hit, is they plan to spend all 2Q profits ($5 billion+) on covid

 

[Fat Trout]

I think amazon will miss on earnings and collapse. I don’t understand it either. We are in a bear market. Dow Composite index is hitting a lot of resistance. China had a 6.8% contraction in the first quarter gdp ...this is what I said. A collapse isn’t over night but I feel the titanic is sinking.

Amazon prime has been sucking for the last month. I've started to divert. I'm sure I'm not alone.

 

[rick81721]

I think amazon will miss on earnings and collapse. I don’t understand it either. We are in a bear market. Dow Composite index is hitting a lot of resistance. China had a 6.8% contraction in the first quarter gdp ...this is what I said. A collapse isn’t over night but I feel the titanic is sinking.

 

[Dave Taylor]

they exceeded on sales, missed on earnings. The bigger news, and why the stock may take a hit, is they plan to spend all 2Q profits ($5 billion+) on covid

Even when I’m right I’m wrong.

 

[A Potted Plant]

Even when I’m right I’m wrong.

Don't worry I'm buying amc calls let's see what 4 bucks can get me

 

[rick81721]

Even when I’m right I’m wrong.

You'll be right when they collapse.

 

[kidzach]

Owned a boatload of AMZN for a short term in 2013. I made a few thousand and got out. If had just kept it , I would now be up over $130,000. Oh well. But if it tanks like you think. ( I don't see that happening) I will go in big time again $$$$$

 

[Dave Taylor]

Pretty quiet around these parts.

 

[thegock]

Check back in 13 hours, then again at 4pm Monday.

The economic impact of this crisis is so multifaceted. There are 50 or 100 stories about different industries that are important.

 

[rick81721]

Pretty quiet around these parts.

sure is. when is the next doomsday prediction??

 

[Bike N Gear]

I had a Financial Advisor at the shop yesterday dropping off two bikes for service. He said he has no idea at all why the market is where it is right now.

Not sure if I respect his financial analysis as he is about to spend $300/bike to fix up some late 70's cheap road bikes. Jetter and a Fuji.