How can Amazon stock be crashing when we are in the depths of the retail apocalypse?

I've been making these kinds of threads for a while now and I always hear the same thing about the retail apocalypse. It was said in almost all of my threads by someone.

It's because of Amazon.

Well...

www.google.com... 8

Look at the year to date. It's been in decline for a while. Black Friday is this week these stocks should be doing better.

Bloomberg

This is from 2017. So what's happening? Are we just suppose to ignore all of these indicator's because we like the president? Things aren't adding up in the market people. Something ain't right. Hasn't been right all year. I knew something was up when construction began booming when Trump became president and we were getting check after check after check from banks and I'm not talking saving's or checking accounts.

The market is not acting sensible, the stocks should be doing alright at this time of the year. Unless there is an impending crash coming again. Tech stocks are getting hit hard, that is predictable to happen but it should not be sucking the rest down this much.

a reply to: rickymouse

Its been acting weird all year. One thing saving us is the dollar. With the rest of the world going belly up people are moving into the dollar.

But everything else isn't working right. The central banks buying up everything tonartifically prop up the market is doing more damage than good

Techs been in a huge bubble. That could be the straw that breaks the camels back

Sales may be robust now but analysts probably see, at the least, a market correction in the near future and selling beforehand. In other words their predictions are forward looking. I do think the market has peaked in this cycle and stocks in general are in for a rough ride in 2019.

a reply to: toysforadults

I made this statement in a thread the other day and it is relevant here...

Peace sells but who's buying....

The rich are getting richer and the poor poorer, it's only a matter of time till those without take from those that have, either we enter socialist hell where everyone is equal and there is no hope for improvement or we ( us plebs that is) die in a horrible war.... Yay for choices...

a reply to: toysforadults

They are? I thought there is a trend of moving away from the dollar access the world.

a reply to: hopenotfeariswhatweneed

So life is an iron maiden song and we are all a bunch of dumb drones? Got it.

Amazons share price is still higher than at the start of the year though. It's just investors cashing in on their gains (share price has doubled in 2 years) and probably investing elsewhere like cryptocurrencies.

Amazon is most likely only going to get bigger and more dominant as they expand their business into different sectors and increase automation. I don't think the share price will ever get too low as investors will flock to buy them up again.

originally posted by: hombero
a reply to: hopenotfeariswhatweneed

So life is an iron maiden song and we are all a bunch of dumb drones? Got it.

Firstly that's not an iron maiden song and secondly no , perhaps you can use your brain next time instead of jumping to conclusions and putting words in my mouth.

a reply to: toysforadults

Maybe because Amazons wealth is figured on petro dollars which if you haven't looked at news lately,the reason for military build up in Venenzuela,looks like the Am dollar will be worth the paper it is written on

There's nowhere for the market to go now but down. WAY down. And it'll happen fast.

I think this is a correction. Where I am, I see a construction boom larger than any I have ever seen in my life and most new constructions are scheduled out past 2019. I also notice that my drive to work and back is more congested which is odd because of the hours I work. I also note that unemployment is WAY down and GDP has thus far been UP and more UP. I do not think we are in a recession or headed to one. But my thoughts on that are as meaningless as anyone elses because no one really knows.

General picture looks good but over inflated tech stocks are gonna get hammered. Especially Facebook because people are leaving it in droves and it appears to only be a place where moms exchange recipes and kid pictures. No one under 20 uses it.

Here is a stinker for you as well; why do people buy Amazon stock anyway? It doesn't pay dividends. I mean sure, the people that got in on it before it went over 100 are probably millionaires, but what of it? Who would buy it now with the exception of millionaires? Same with Apple I believe.

ANyway, I don't cry for Zuckerburg, Bezos, or any of those guys. Losing millions to them is nothing. Nor most of their primary shareholders.

Republican/trump Trickle down economics and tariffs will save the day...just watch!! It's always worked in the past...

a reply to: rickymouse

Underlying factors are possibly no real growth in corporate profits ie if these corporations are making money its not in their core business but from investments, tax writeoffs, etc

No real growth in wages and in actual fact we are going backwards once inflation, power charges, food prices taken into account.

Residential values of property unwinding.

Does not bode well

a reply to: Fools

Construction has been booming but here is the problem with it

Its all debt spending. Thats the main problem. Also the construction materials and building stocks have been getting hammered for months

originally posted by: toysforadults
a reply to: Fools

Construction has been booming but here is the problem with it

Its all debt spending. Thats the main problem. Also the construction materials and building stocks have been getting hammered for months

All spending these days is debt spending. However, that being said - one thing that has changed in my neck of the woods is that it did seem that all major products before 2016 were always connected to a local TIF (a local tax deferment) whereas since 2016 is seems only a small percent are needing that now. So that is a very good thing and if you are a left winger you should be happy about that - but you probably aren't because you aren't happy about anything except when you bum everyone else out.

a reply to: toysforadults

Speaking of debt spending, how about that debt spending of every country on this planet and their governments! Round of applause needed there for running up debt that can NEVER be serviced.

And don't worry, your communist wet dream will never amount to a jubilee because the bankers never die, they just shapeshift and find some other way to profit.

Mostly simple stupidity and greed.

Our local paper had a story on the 9 empty buildings in our little town and how it was because of the big box stores and Amazon. I wrote in that has nothing to do with the empty buildings. They are not for sale and only one for rent. The owners don't care about their town enough to sell or rent at a reasonable price. $2000 a month for the one small building is crazy so for 4 years it has sat empty a tax write off for someone from Chitcongo. Another building sold last year they boarded it up and now it still sits empty. no for sale no for rent. Check out your town and see whats going on.

Last week Warren Buffet got out of the retail market with Walmart. Sold all the rest of his stock in Walmart???

a reply to: Fools

christ do you have to boil down everything to "OMG COMMUNIST"

give it a break already