Amazon Monthly Chart.
Is this a bubble? Is the stock market in a bubble? How high?
Amazon Monthly Chart
P/E Ratio of 270. lol
Jesus fucking christ boomers cant do anything right. Even BTC looks better than this piece of shit.
This. Very much this. I highly reccommend reading up on what does a P/E ratio of this high mean. Just as a sidenote, the average P/R ratio on all the blue chips in the US is HIGHER now than it was just before the 1939 market crash. If this is not a bubble then I don't know what is.
All that cheap printed money since 2008 had to end up somewhere and it mostly ended up in stocks. Hence companies are now worth billions while they are making huge losses. Makes total sense, right? This will end in tears and quite possibly blood too.
>tfw the bubble pops and all the boomers lose their shit
Stocks are absolutely in a bubble. However, it's likely to go for another year or two before bursting, and, unlike crypto, the deflation will be slow enough for you to realize what's happening and get your money out (i.e., it'll take literally months to drop what would take crypto days/weeks). Thus, it's still a pretty "safe" investment at this point.
Fuck off commies
i cant wait for this shit to collapse and everyone jump into gold and crypto. i will be buying this at $200/0.004BTC. see ya, boomers.
this is not crypto
amazon actually earns and expands and gives dividends
not like in crypto where gullible retards pay miners
>This. Very much this. I highly reccommend reading up on what does a P/E ratio of this high mean. Just as a sidenote, the average P/R ratio on all the blue chips in the US is HIGHER now than it was just before the 1939 market crash. If this is not a bubble then I don't know what is.
i was just about to call my 401k and ask them why they've done nothing with my money this year but buy boomer bonds with it but it seems they know something is up too
>i.e., it'll take literally months to drop what would take crypto days/weeks)
Except it takes that long to gain what crypto would in days/weeks.
>amazon actually earns
Much profit, wow.
lol 'there's plenty of open unblocked exits in the building in the unlikely event of a fire'
>what is reinvestment
>average of 7% growth in large cooperations with new technologies like internet revolutionizing
>bubble
choose one
>choose one
bubble
ez
goodjob
Crypto is revolutionary too. And look where we are.. I'm 94% down since january
goes to 0 once bezos gets executed
How much money do any of thesr coins make? Zero. How many people actually use them? Zero.
Meanwhile amazon has revenue of almost 200billion
The chad crypto bubble
>200000x over 9 years
>Last year alone pulled a 200x
>doing 10x and 100x on literal vaporware worthless trash during the bull run
>"only went 10x.... Im gonna keep riding this to at least a 20x"
The boomer stock bubble
>Not even a 10x over 10 years while investing in actual companies with billions of dollars in revenue
>last year not even a 2x
>"linda! Its hitting a 10x! I think we are in a bubble! Im gonna sell everything or we wont have any money to buy our meds!" *sharts in nearest walmart*
I was at the AWS summit in the Netherlands a few weeks ago. They expect the turnover to double.
it's now 2.2bil
>300 PE
>Will never EVER pay dividends
Yeah its a bubble, it's earnings can go to infinity and you will never get anything from it unless other buyers push the price up. Just like you kids and your bite coins