/biz/ - Business & Finance

Anonymous Fri Nov 4 18:30:26 2022 No.52235593 [View]
File: 53 KB, 500x750, 48894122_1178363758992357_7625131984943054848_n.jpg [View same] [iqdb] [saucenao] [google]

Amazon:
Annual Income >10B
Market Cap: >1000B

How does a P/E of 100 sound?

Market wont bottom until AMZN is $25 imo.

Cant invest in nothing, its all gambling with monopoly money. I think we will see a slow decline/stagnation of the market for the next 4-6 months, with minor pops here and there based on technical indicators and algos gaming the astrology nerds - from there we either hit a minor recession or stagnate for a few years unironically - basically there is NO BULLISH news at all, and no bullish news will come for several business cycles.

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