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Market Mondays

The Wrap Up: 2023 Amazon Stock Outlook

Market Mondays

EYL Network

Investing, Entrepreneurship, Business

5.04.1K Ratings

🗓️ 10 November 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

In this Wrap Up we spoke about Amazon's recent stock fall and if it will recover soon. #amazon #stock #nasdaq 


Link to Full Episode: https://youtu.be/3zyFPTy7zXA


EYL University: https://www.eyluniversity.com 


Link for Invest Fest Europe: https://investfest.com/euro/



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Transcript

Click on a timestamp to play from that location

0:00.0

So let's get into this. I want to start with probably the biggest thing that happened last week is Amazon.

0:08.3

So Amazon, it was down 20% after hours, but then it rebounded. I think it finished the day down, like seven

0:16.4

percent something like that. But missed its expected guidance. The guidance was lower than they

0:24.9

expected. Still profitable, still made a ton of money, but just missed Wall Street's expectations.

0:32.6

And it dropped to a 52 week low, like I said, rebounded a little bit from that. But yeah,

0:38.0

it's interesting. Man, it really had a really tough day and it's been having a tough year.

0:46.0

It's been having a tough couple of years actually. So now the stock market.

0:52.2

Oh, are we going to get the dialogue and debate that we get?

0:56.0

Of course.

0:57.0

What is the base show is going to be the one?

1:00.1

What's the base show is?

1:01.4

So the stock market is up for the month of October.

1:06.1

Yeah, that was up 11%.

1:08.0

The NASDAQ is up even the other day when when Amazon crashed. NASDAQ was up.

1:14.3

That's the people's up. That was up. But so Amazon was your pick of the year?

1:18.9

Yes, it was. So I'll let you start off this conversation. Do you want to reverse that?

1:27.2

I'm not the ZXL members to a down Everest.

1:32.7

Which way are we going?

1:34.0

Which way are we going?

1:35.5

Yes.

1:36.2

Sentional desensiton is key.

1:38.6

Yeah, I mean, based on everything that I had read in my information,

...

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