AMAZON DROPS TO A 52 WEEK LOW – Market Mondays w/ Ian Dunlap

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Amazon It was down 20 after hours but then it Rebounded like seven percent still Profitable still made a ton of money Yeah but just missed wall Street's Expectations and it dropped to a 52-week Low Um you can still make money on a heavy Drop like that so uh the fundamentals of The company haven't changed that much Their global market share dominance has Not changed that much I think this Ultimately will be a bigger recession When it's all said and done than 2007-2008 But Amazon is primed no pun intended to Uh do really well Once things start to settle out they Could be a hell of a lot lower being in That Tech space they haven't fallen to The 70s or the 60s 99 was like a good Spot that we liked got in it's like Curly like a 104. if you're holding it For the long term you'll be good

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