Betting against Amazon post-Black Friday and during what is really ‘Cyber Week’, rather than just Cyber Monday, is PLAIN STUPID.
You know, and I know, that Amazon is making out like a bandit.
Others might do well, but in the end Amazon would still have done better.
Why bet against Amazon (AMZN) to YOUR detriment.
Today’s 1.9% drop should be a buying opportunity.
Amazon will go past $800 before the year is out AND ahead of the Fed’s, inevitable (spite Trump), December rate increase.
This is not the time to sell. Wait for it t0 get to $800+ — then sell JUST ahead of the December Federal Reserve meeting December 13 – 14, 2016.
But for now … BUY, BUY, BUY AMZN.
Full disclosure: I own AMZN and I am very long.
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