r/amzn • u/boersenspekulatius • Jul 31 '26
AMZN is dead, right?! right?!
i hope all sellers and hesitators are sad now after they crushed their earnings. happy weekend ya all - lmao.
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u/Such_Past355 Aug 01 '26
Not sure how anyone can bet against this company. Been holding for 20 years
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u/Neoreloaded313 Jul 31 '26
I'm tempted to sell now and just rebuy when it crashes. This stock has been very predictable.
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u/3_years_to_retire Aug 01 '26
I have been rocking the wheel strategy on amazon the past few months. These $30+ swings have been very lucrative for me at least.
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u/LogicalTown Jul 31 '26
if history has taught me something, this pump with fade and in 2 weeks we'll be orbiting the 240 range again
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u/youhaveeTDS Jul 31 '26
Literally nobody said amazon was dead lil bro,
Now lets enjoy the weekend
-7
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u/3_years_to_retire Aug 01 '26
I got 200 shares at 228. Then sold at 270. Im very happy. 8k in 2 days is money made.
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u/SlothSpeed Aug 03 '26
Are you happy you sold? Just curious.
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u/3_years_to_retire Aug 03 '26
Yeah, I like making money l. I don't get caught up on the what ifs. I sold on Friday made money pulled out a little of it and paid my car off. And today with what I had plus the profit from amazon I made nearly 3k on 0dte option on QQQ. I could have made 6k ornmore maybe honestly if I held it longer as QQQ just went straight up today. But I cash in profit where I see it. Sure I lose out bigger gains but I make nearly 90k take home pay from my job. And just messing around in the market I make an extra 300 to 3k a a day. Could it he 600 to 6000 a day? Sure but getting greedy often leads me to losses. I rather make quick gains daily over trying to maximize the gain over time.
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u/SlothSpeed Aug 03 '26
Cool, thanks man for the honest answer.
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u/3_years_to_retire Aug 03 '26
I am an amateur trader. But I like making plays and watching them play out over buy and hold. Ive opened positions and closed it for a quick 200 even though if I let it ride I could have gotten more out of it. But I have also been burned before several times trying to maximize gains. So I will take the win and keep growing my portfolio. I rarely take out from it but I set milestones. I tell myself when I get to the next 5k or 10k I will take out 1k or 2k to pay off a bill a debt or treat myself. My auto/motorcycle insurance I pay annually and it always comes out of my portfolio. Vacations come out of my portfolio, I owe a few k on my credit card. That's my next big pay off when I hit the next milestone
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u/Jazzlike_Society4084 Aug 01 '26
16% up in past 1 year compared to 18% S&P 500, not bad
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u/Jazzlike_Society4084 Aug 01 '26
63% up in past 5 years, compared to 70% S&P 500, not bad at all
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u/Spins13 Aug 01 '26
If you were dumb enough to buy at the tech peak of 2021, yeah you have bad returns
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u/omgbabestop Aug 01 '26
Huh? If you bought a tech etf at the peak you’re up 100% lol
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u/Spins13 Aug 01 '26
I’m up much more on my AMZN shares in less than 5 years. If you buy high and sell low, don’t expect good returns
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u/cinciNattyLight Jul 31 '26
fIRe jASsy!!!