S&P500 Crash especially Amazon stock. Good time to short ?

AlutBitcoin

newbie

Activity: 47

Merit: 0

Quote from: Statedapps on October 29, 2018, 05:21:19 AM

A good time to open short positions on Amazon stock what do you guys think ?

https://theblockchaintoday.com/short-amazon-stock/

Rule number one of trading. If something has happened, it already happened, no need to jump to the bandwagon. I mean if amazong is already down, why do you think it is right time to short it NOW instead of a month ago? I think since its already down I think from now on buying longs are much more reasonable approach to it. Not the options tho, options are very quick to liquidate if they do not go the way you think it will.

I think buying amazong stock right now and assuming it does not exist for you for another while would be a better option. I think it will be a great time to get into this "dot com bubble 2.0" right now, considering the big companies usually stay and go up insanely than you will profit in the long term. Maybe it will take 5 years for you to have a lot of money, maybe it will be 20 years, no matter how long it takes you will still be rich over time.

davis196

hero member

Activity: 3150

Merit: 937

Amazon is the most overvalued company in the world.Having a short position over Amazon stocks is a must.
The Amazon bubble will burst,the question is when it will happen.Amazon has big profits only because of the dropshipping companies from China and the reselling business of thousands upon thousands of merchants.
This is a pretty unstable business model.

timerland

hero member

Activity: 1526

Merit: 596

Quote from: Statedapps on October 29, 2018, 05:21:19 AM

A good time to open short positions on Amazon stock what do you guys think ?

https://theblockchaintoday.com/short-amazon-stock/

Shorting is a risky proposition I think no matter what market you are in.

Sure, the stock market is probably overbought right now and a correction is due at any time. However, there is no guarantee that your short position would be able to last long enough to be able to make a profit on a crash. Further crashes could simply not come until much later, you never know.

But I would certainly seek to diversify into other assets if the majority of my wealth is tied up in stocks at the moment, including diversifying into bitcoin. It's only a matter of time before the bear market comes in shares imo.

mazdafunsun

full member

Activity: 490

Merit: 123

Quote from: Theb on October 31, 2018, 01:49:27 PM

The best time to short Amazon was before it got down to this level. I remembered last 6 days ago Amazon closed at 1,782$ per share and it dipped down to as low as 1,485$ per share. Shorting is when you are selling at the point where it is around 1,700$ and buying it back from its lowest point this week and even around the 1,600$ area.

It easy to tell it after it has happened Cheesy

Righnt now it is about 1600, and it started the year at 1200 soo there is possibilty ot slide much lower. My view is that it will have some rebound and then down we goo.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: darkangel11 on October 30, 2018, 01:34:00 PM

It can be a great time, a very good time, or a good time, depending on how much and how fast you'll be able to profit from it, but it's never a bad time. It's the same with BTC.

The thing with investing in general is that the majority of the people always end up being disappointed. If they buy at the peak and the price goes down, they are upset. If they cash out profits but the price keeps going up after that, people again are upset. It's close to impossible for people to be satisfied with their investment decisions when money is involved.

People overestimate their capabilities, but very much underestimate the psychological aspect of it. Imagine how people must have felt last year when the price just didn't want to stop going up. According to people's lovely TA $10,000 was the ultimate peak to short; yeah right, up we went further and shorters got rekt badly.

I have yet to find people actually being happy with the outcome of their investments and trades.

Theb

hero member

Activity: 1680

Merit: 655

The best time to short Amazon was before it got down to this level. I remembered last 6 days ago Amazon closed at 1,782$ per share and it dipped down to as low as 1,485$ per share. Shorting is when you are selling at the point where it is around 1,700$ and buying it back from its lowest point this week and even around the 1,600$ area.

You are maybe talking about cutting losses and not shorting as selling it right now is only meant for you to save some capital you have left. The only way this could be called shorting is when it dips down further than what you sold it for, but as of right now I don't see Amazon going down again as its going up for three days now.

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

Quote from: Statedapps on October 29, 2018, 05:21:19 AM

A good time to open short positions on Amazon stock what do you guys think ?

https://theblockchaintoday.com/short-amazon-stock/

At this point, I am pretty sure most people are shorting most stocks generally, and amazon is absolutely sure one of them. Although, looking at the way Amazon has always been when it comes to strength of its stock, I would not be too quick to judge how well it would perform or not, so one way or the other, I would say just monitor the trend and see how things really turn out before being too fast to make some decisions. A lot of stocks though have been overbought, so correction is imminent, so on the most part of things, I would be more disposed to shorting any stock right now.

Quote from: NeuroticFish on October 29, 2018, 06:35:09 AM

Although it would be a nice headline if somebody manages to short stocks with Bitcoin just to prove that crypto can be more stable than stocks, the reality is that this stability is more like a strange situation, not normality.

The way I am looking at bitcoin price that got duped pretty fast recently, look to me like some quick dump before a pump, and I would not be so sure, there will be much continuity with this. I am actually a bit tended towards an up rise for bitcoin, but for most stocks, I would be more biased to shorting them. We have seen the market really had a huge rise, over bought in all angles, so I would not be surprised Amazon may take the hit as well. However, I do not deal with assumptions, but with trends, and all that is what matters most of the time, when trading anything.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: Statedapps on October 29, 2018, 05:21:19 AM

A good time to open short positions on Amazon stock what do you guys think ?

I disagree. You're late to the party. Bear momentum has been pretty weak despite all the doomsday sentiment. I'm expecting a strong rebound soon, and while that could turn out to be a dead cat bounce, I think late shorts are about to get squeezed in the equity markets.

The SPX closed with a big downside wick yesterday and is up 1.6% today. Amazon is up 3% on the day so far and is threatening to close the day with a bullish engulfing. Wink

cryptocrusher

full member

Activity: 420

Merit: 136

Quote from: The Sceptical Chymist on October 30, 2018, 09:37:43 AM

Quote from: cryptocrusher on October 29, 2018, 07:23:07 AM

Amazon is probably one of the stocks that would perform the best in a stock market crash given the extent of their market dominance,

Mmmm....I don't know about that. They've always been in the "tech stock" category, even though they're basically just a retailer with a huge online presence, albeit one with their hands in a lot of different areas, such as video-on-demand.

Would I short it now? If I was a short-seller of stocks (which I'm not), I might consider it. I think AMZN is probably going to drop further, but I bet it's not going to be by much and I think it'll rebound fairly quickly.

I've seen a lot of stocks I follow sinking lately, so we're getting the market correction that I figured we were overdue for. Since I view this as a temporary correction, I would advise anybody thinking about trying their hands at the short-selling game to be very, very careful. If Amazon stock were to start to go back up again after you sold it short, there's no limit to how much you could lose. I wouldn't do it, not with Amazon, not with any stock.

Well, I guess that's just a difference in opinion, mind I ask what stocks you think could perform well then? Or is it more of an overall negative outlook for the whole stock market?

As for your advice on shorting any stock I'd have to agree, it's one of the riskiest things you can do and unlike buying a stock or cryptocurrency or anything else the potential loss is fundamentally infinite. It's something for the most experienced of people and the OP doesn't fall in to that category in my opinion. Nor do I and nor do very many people

Fies7aa

jr. member

Activity: 43

Merit: 4

Carefull with shorting, I've done it about 2 weeks ago when the stock went down and the news was pretty "fresh" I'm now waiting for the rebound and buying BTC and other coins aswell als gold & silver.

darkangel11

legendary

Activity: 2478

Merit: 1360

Don't let others control your BTC -> self custody

I think that Amazon is still looking strong. This could only be a dip caused by holders following the market trend signalled by other stocks. As long as the fundementals are in place it's always a good time to buy. It can be a great time, a very good time, or a good time, depending on how much and how fast you'll be able to profit from it, but it's never a bad time. It's the same with BTC.

mazdafunsun

full member

Activity: 490

Merit: 123

Alotugh i am not doing it myself and most likely wont do it just because I do not have experience in corresponding platforms. i do think that this is a correct move.
It has come down quite fast, possibly some small rebound from 2600 and then down to 2000.

The Sceptical Chymist

legendary

Activity: 3528

Merit: 7005

Top Crypto Casino

Quote from: cryptocrusher on October 29, 2018, 07:23:07 AM

Amazon is probably one of the stocks that would perform the best in a stock market crash given the extent of their market dominance,

Mmmm....I don't know about that. They've always been in the "tech stock" category, even though they're basically just a retailer with a huge online presence, albeit one with their hands in a lot of different areas, such as video-on-demand.

Would I short it now? If I was a short-seller of stocks (which I'm not), I might consider it. I think AMZN is probably going to drop further, but I bet it's not going to be by much and I think it'll rebound fairly quickly.

I've seen a lot of stocks I follow sinking lately, so we're getting the market correction that I figured we were overdue for. Since I view this as a temporary correction, I would advise anybody thinking about trying their hands at the short-selling game to be very, very careful. If Amazon stock were to start to go back up again after you sold it short, there's no limit to how much you could lose. I wouldn't do it, not with Amazon, not with any stock.

Quote from: ichai on October 30, 2018, 09:28:50 AM

So in other words, you didn't understand the question but decided to write a shitpost anyway.

ichai

member

Activity: 445

Merit: 10

Worlds Simplest Cryptocurrency Wallet

Quote from: Statedapps on October 29, 2018, 05:21:19 AM

A good time to open short positions on Amazon stock what do you guys think ?

https://theblockchaintoday.com/short-amazon-stock/

I think any technology company in the United States can make a big profit for you. Because the US economy is relatively stable and is considered development due to Trump's new policy. A great economist is running a great country and technology companies are sure to have great years. So investing in Amazon is a great decision.

Pikachu12

full member

Activity: 435

Merit: 100

Quote from: dothebeats on October 30, 2018, 09:18:53 AM

I would assess the risk first considering that Amazon had also seen the largest gains in the past few years, and that's worth some consideration if you'd ask me. While their stocks always perform good even in the tightest of situations and everyone else crash, it's still hard to short Amazon since they've been consistent for a few years now. Social media sites, along with apparel retailers and oil companies IMO would be the best stocks to sell short on this time of carnage.

I think that would be a good strategy. You should invest in Amazon right now because I am sure Amazon will wake up once again when the stock market goes up. Technology companies will often be very volatile when something goes wrong. that is its characteristic. So I totally support you investing in Amazon.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

I would assess the risk first considering that Amazon had also seen the largest gains in the past few years, and that's worth some consideration if you'd ask me. While their stocks always perform good even in the tightest of situations and everyone else crash, it's still hard to short Amazon since they've been consistent for a few years now. Social media sites, along with apparel retailers and oil companies IMO would be the best stocks to sell short on this time of carnage.

Statedapps

newbie

Activity: 19

Merit: 0

That's right on one hand, but they also have seen the biggest pump.
The higher you jump, the harder you fall..

cryptocrusher

full member

Activity: 420

Merit: 136

Amazon is probably one of the stocks that would perform the best in a stock market crash given the extent of their market dominance, they consistently post good figures and even in an economic downturn people would still look to use them, perhaps even more so because they're a cheaper alternative to the high street. Facebook would be high up on the list of stocks I'd be most inclined to short, they're highly inflated and are losing dominance all the time, their failure to capture future generations will be their downturn and before long they'll be replaced. Even now Facebook is beginning to be considered as something for old people.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

Quote from: Statedapps on October 29, 2018, 05:21:19 AM

A good time to open short positions on Amazon stock what do you guys think ?

https://theblockchaintoday.com/short-amazon-stock/

Although it would be a nice headline if somebody manages to short stocks with Bitcoin just to prove that crypto can be more stable than stocks, the reality is that this stability is more like a strange situation, not normality.
As a matter of fact, Bitcoin price has just started fluctuating, there seems to be quite a dump, let's see if it'll get covered or not...

Statedapps

newbie

Activity: 19

Merit: 0

A good time to open short positions on Amazon stock what do you guys think ?

https://theblockchaintoday.com/short-amazon-stock/

Topic: S&P500 Crash especially Amazon stock. Good time to short ? (Read 263 times)