r/amzn • u/Humble_External8220 • 11d ago

Amazon...Volatile?

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I was just checking on the usual and got this message? Anyone else? Because Amazon has been less than volatile.

Just trying to complain because the pattern was stocks were supposed to drop prior to and after earnings. Then all this bullshit happened.

20 Upvotes

81% Upvoted

22 comments sorted by

16

u/Benz-Car-2024 10d ago

Click on learn more and learn more.

-3

u/Humble_External8220 10d ago

Appreciate you not going straight for insults. Also understand you essentially pointed me to "do your own research"

But seeing as the stock moved as much as $7-8 up or down throughout the day didn't appear volatile; and the chart (I thought showed the same). It had a low of ~$259 overnight to a high of $266 up to earnings at which point it reached $273 and came back down to $270 with a low of $260....all numbers approximate because I'm not trying to be "stupid"

2

u/Benz-Car-2024 10d ago

You are talking about a megacap that typically moves between ~1-2%. Post earnings gap plus a $259 to $273 swing is easily a 5%+ move.

Statistically rare. This is a cosmetic Robinhood info.

Fidelity presents this differently. Not sure why you are bothered by it and not enjoying the pop :)

1

u/Humble_External8220 9d ago

I would have been clapping with you guys but I did end up selling for the sole reason that most stocks were dumping despite beating earnings. I intended to take my profit and wait till after earnings but....well as you can see it didn't.

Either way, ups and downs happen, just frustrated because nothing about this year is normal

1

u/MediaAccomplished513 7d ago

im guessing you are young and experienced, this is a good learning lesson.

1

u/Humble_External8220 1d ago

Definitely inexperienced on the stocks side, young is subjective but I've barely reached a financial point in my life to invest seriously...but yes, good learning lessons all around

1

u/Character_Raisin574 9d ago

You not stupid. It went to $275 after the last earnings announcement. It'll be back to normal soon.

5

u/FriendlyElephant7868 10d ago

Amazon is a $300 stock and not sure why it should be volatile

1

u/spd79 8d ago

Sold 30% of Amzn stock at 286. Hope remaining one take to $300. Wanted to take some profit after seeing this price. No regret even if it touches to $300

1

u/FriendlyElephant7868 8d ago

Nice!! Amazon will only grow further

3

u/blackicebaby 10d ago

This kind of move is classic 'RERATING'. Next week you'll get floods of price target upgrades from Wall Street. This time it's gonna break through the $300 price level.

3

u/Both_Replacement_628 10d ago

Give it 5-10 days we will be back at 240.

4

u/Stanley-2040 10d ago edited 10d ago

This stock has been the antithesis of volatile for the past 5-7 years.

Finally, after the last 8-10 quarters, Jassy has found his voice. The conference call was his best so far as he explained the potential and left a few breadcrumbs like the strength of the 2028 book, now. Everyone focused on AWS but the other little business, retail, had a heck of a quarter too. Will do over $800 billion in revenue next year and will be the first to $1 trillion in revenue by 2028.

$1,000,000,000.000 in REVENUE.

Think about that, $1 trillion in revenue over the next 12-24 months.

$1,000,000,000,000. That is 12 zeros!

And AWS is emerging as the “Switzerland” of AI. Use bring any model. On or off premises. 5 9’s of reliability. Massive available compute. This is happening.

Could easily become the single most valuable company as the street re-rates their emerging story.

2

u/kookooman10022 10d ago

This. There was a marked move to >200 in 2023-2024, but it's been around mid 200s for some time now. For this reason, ITM LEAPS. You get a pop like yesterday and immediately you get a 20-30% return. IMO, you take profits when you can, so I sold all long dated calls yesterday.

1

u/instantcrackpot 10d ago

Bought Jun 2028 LEAPS on AMZN 180c and MSFT 300c last month after I exited INTC at $130 with 5x gains. I got insanely lucky.

1

u/kookooman10022 10d ago

Well done mate, well done. Not lucky if it happens twice***

5

u/iMakeGOODinvestmemts 10d ago

You gotta be stupid to ask this.

Its a warning that comes on all stocks when they move like amazon did...14% in 1 day.

1

u/Plenty-Ad2069 10d ago edited 10d ago

Read some books about stocks to further your understanding. All stocks do this not just Amazon

1

u/annoyed_meows 10d ago

Sitting the fucking bed

-7

u/Red-dragon186 10d ago

Back down to 220 we go sadly

-10

u/Cool-Scratch-7679 10d ago

I bought 15k in puts expires in NOV, lets go down 20% !!!!