Market Report: AMAZON, SQUARE, & PELOTON STOCK UPDATE
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 5 February 2022
⏱️ 11 minutes
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Summary
In this Market Report we discussed Amazon, Peloton, and Square stock. #stocks #investing #amazon
Link to full episode: https://youtu.be/crvKs_nAASk
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Transcript
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| 0:00.0 | One thing, if you do believe in a company, you do have to start considering to put money when it reaches 52 week low. |
| 0:05.7 | So there's two stocks that hit 52 week lows and I want to ask both of you guys about |
| 0:09.6 | that I'm sure people interested in the first one. Troy. Yeah. Um, Amazon. Yeah. That was your pick. Good. A year. Uh-huh. |
| 0:16.4 | Hit is 52 week low. Yeah. Um, so what's the deal? Uh, I'm still a little more on Amazon. Did you put money in? |
| 0:24.7 | Uh, that's one of my plays for tomorrow. So this one you mentioned too. I had Disney. |
| 0:28.5 | Um, I bought a few shares of Disney when it got down to 130 today and Amazon. |
| 0:34.0 | So Amazon and crowd were my next two that I was looking at. Um, and I think that was it. That's it for me. |
| 0:38.4 | Like I just told you to hold portfolio. That's it outside of SMH, XOX, okay. |
| 0:43.1 | The ones that I just spoke up to you about and Amazon and crowd. That's it for me. But yeah, I'm still long on it. |
| 0:48.9 | Um, obviously this is, you know, it's a correction for the entire text space. |
| 0:53.7 | But Amazon is too powerful. It's too powerful. And when they report, I think they're reporting about, uh, sometimes next week, you're gonna see, |
| 1:01.0 | I think they estimated 140 million dollar quarter, which is unprecedented. I think it's the largest quarter in its history. |
| 1:07.2 | Um, and all the reasons we set at the end of last year, man, well, what they have coming for the year, we're only in January. |
| 1:12.9 | Like we, we're three weeks into January. We're not even done with January. |
| 1:16.4 | But Amazon is my long term play. Like I said, I think it's gonna be my stock of the year. |
| 1:20.0 | Um, so I'm still, I'm still good with that. Too big to fail. Too big to fail, man. Um, and, and they moving in. |
| 1:25.9 | We'll get there. We'll talk about the metaverse. |
| 1:27.8 | Crowd strike. Very, very, um, that's very important. We'll talk about that later on cyber security. But Ian, this is a question |
| 1:34.0 | I'm sure everybody wants to know another stock that hit a 52 week low, um, square square. What is it deal with square? |
| 1:42.4 | I'll chime in on Amazon, um, 2634 is the area that I'm looking for on Amazon. |
| 1:47.2 | Um, it's very interesting like the amount of hedge funds that are out of it because of the prices too high. So now that said 2700 and some change, there's a lot more capital. You can put to other things that are cheaper. |
| 1:58.6 | Um, I've been, everyone tell me what prices of our call for square as a reason. |
... |
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