Amazon Stock is Crashing - Here's Everything You Need to Know

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Hello everyone, I am Daniel Pronk and in today's video I discuss Amazon stock, and why it is down 7% in after hours, after Amazon reported its Q2 2024 earnings results.

Disclaimer: Before we dive into this discussion, I want to make it clear that I am not a financial advisor, and nothing I say is intended to be a recommendation to buy or sell any financial instrument. All trading and investing activities must comply with the regulations set forth by the Securities and Exchange Commission (SEC). I will never ask you to send me money to trade for you, and if you come across any suspicious emails or fake social media profiles claiming to be me, please report them immediately. Additionally, it's important to remember that there are no guarantees or certainties in trading or investing, and you should never invest money that you can't afford to lose. While my videos may contain affiliate links or sponsorship to products I believe will add value to your life, it's crucial to conduct your own research before making any financial decisions.

[danielpronk]

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[KarenLavia]

I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

[SiaukemLam]

Acquiring stocks could appear simple, but choosing the right stock without a tested plan can be very difficult. My main barrier to growing my $210K portfolio, which I've been working on for a while, is the absence of well-defined entry and exit plans. Any guidance on this would be highly valued.

[DonaldMark-nese]

Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

[AlanRogers-cd]

Great video, I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. Whats your take on copy trading? Do people really make money? Just looking for some reassurance.

[muluhscokingosco]

Buy and forget! Stocks like amazon, meta, google, apple, etc have stood the test of time and would rarely fail you. Just buy more and forget!!! Don't keeping tracking it. it's unnecessary stress

[farhadhemmat]

Hello. Why you don’t say that we should buy, hold or sell?

[JacobPaul-np]

AI stocks will dominate 2024 and beyond. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

[RokOD]

I added to my amzn position quite a lot, seems too cheap to ignore

[RobertHensen]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

[LorinHouchin]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Katherine Stewart.

[radomilrahnev]

Exclude stock base compensation and numbers tells another story

[rickyyu]

Outstanding video, thank you, Daniel Pronk, as always!!

[NetherVoiD]

I noticed Amazon is "hiding" items description if its NEW, REFURBISHED or USED in the item description page. It is quite sketchy.

[elizabethbarnes]

I love your videos please, I am new to forex. What is the best way to make money investing in forex?

[johnfurr]

Subbed. This was a great break down man.

[patrickcote]

Thanks Daniel for this nice earning analysis !

[lawrenceheung]

P/ofc is 17x as you said, p/fcf is 43x . If that’s the right metric, snow metric is v good

[kt]

Thanks. I am locked in for the long haul!

[Jayvazquez]

Great analysis!! I’m planning on adding to my position, will be bringing up my cost from 132$ but I want to increase this position.