Well sure, but like WMT, do we have any real evidence that this coronavirus situation is GOOD for them? Are we just hoping that online sales and cloud services are up even while customers and employees are losing their jobs and dying and their suppliers are having masive supply chain and shipping problems? I mean, it's one thing to say "they'll recover from this", but another to say it it's a net positive for them.
To me, looking at their 6mo charts, I'd be a little nervious that AMZN is over 1900, just like I'm a little nervious that WMT is above 120. That's AMZN being worth ~200 BILLION more (I think I did that right) than they were in Jan since their last earnings. If their Q1 earnings on 4/23 aren't WAY above guidance, will that hold? Shit I've just about talked myself into selling WMT.
*edit*
I just saw your AMZN vs GOOG chart, which kind of highlights what I'm saying. GOOG is almost back where they should be. AMZN... is not.
To me, looking at their 6mo charts, I'd be a little nervious that AMZN is over 1900, just like I'm a little nervious that WMT is above 120. That's AMZN being worth ~200 BILLION more (I think I did that right) than they were in Jan since their last earnings. If their Q1 earnings on 4/23 aren't WAY above guidance, will that hold? Shit I've just about talked myself into selling WMT.
*edit*
I just saw your AMZN vs GOOG chart, which kind of highlights what I'm saying. GOOG is almost back where they should be. AMZN... is not.
The only thing that stops a bad guy with a van is a good guy with a van