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Bloomberg Technology
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mrPmj00
August 5, 2021 at 7:44 pm
=Have you noticed that Wall Street Journal, Yahoo, CNBC, CNN and bloomberg hate tech (even though most of us have 401k plans that have big tech) and push crypto
crap, NFT ponzi scheme, and meme/gambling stocks like AMC/gamestop/SPAC, promoting China, and scaring investors by promoting inflation?
For the fools that bought crypto in May 2021, they’ve lost -50% as of July 2021, even worse if you bought dodgecoin -80%!
+I bought FAANG stocks (Facebook, Apple, Amazon, Microsoft) …
___Disney, Wells Fargo for the recovery.
mrPmj00
August 5, 2021 at 7:45 pm
—- AMAZON:
Yep, I bought a ton on the dip.
Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock.
…With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.
Amazon is investing so much money, that no competitor will ever be able to catch up.
My strategy is if Amazon keeps going down, I buy more to average cost down..
I buy using money on the sideline, then I sell other stocks that are up, then I sell other stocks that have lost less than Amazon’s -7.5%. Most stocks that pop or
drop hard usually recover 50% soon after.
Amazon’s not going anywhere so I know that eventually it will come back.
Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)
Get on board or be runover, it’s up to you.
mrPmj00
August 5, 2021 at 7:45 pm
CHINA needs to STOP trying to take over the south china seas (between Vietnam and the Philippines)! Commerce/trade is good for the whole world so STOP IT!
%20Spratly%20island%20chains.&text=The%20artificial%20islands%20have%20been,deployment%20of%20Chinese%20fighter%20jets.