Stock Market Mentor on $AMZN (Oct 30, 2026)

But here's the thing: you have to look at Alphabet , Meta, Amazon, and Intel.

Anyway, now we have Amazon, and like I said today, it looks like it could be a good bounce. We're going to go to level 15. And that's exactly what happened . So it's a pretty good deal and it's holding at its lowest levels.

Amazon is the only stock. I do n't know if it's going to go any higher here, but I mentioned today that I think it has a chance to

Amazon is the only stock. I don't know if it's going to go any higher here, but I mentioned today that I think it has a chance to close higher today. Amazon is a completely different case.

I don't know what that case is, but I think this stock, if you're a long-term investor, you can now consider buying Amazon as a financial position, and here's why. This is your price channel here.

This is near the bottom of the channel. That's it.

Amazon isn't going anywhere, folks. More And more people are spending more money, expecting their purchases to be delivered to their doorstep. and with Amazon, look at the cash burn.

These people are spending money like crazy, probably more than Bezos's ex-wife. That's a huge amount of money, isn't it?

I made money from Amazon. I was actually very aggressive and was even planning to increase my positions, but I saw the stock decline instead. So, I liquidated everything. I just said to myself, "You know what?

I don't feel like worrying about the market over the weekend. So, I'm going to take my profits and leave. That's it. Will I feel bad if Amazon's stock goes up even more next week?

No, not at all. I made a good deal. I made money. It was a win. Next week is a new week.