Amazon AMZN Stock PRIMEDAY SALE! Trend Analysis

Companies / Amazon Apr 20, 2021 - 01:08 PM GMT

First Amazon stock soared into the stratosphere and now so have Amazon earnings doubling, sales up 44%.Gone is Amazons EC of 148! Gone too is the relatively pricey valuation of 91 of November 2020, and here we now stand barely 3 months on with Amazon priced on par with Google trading on an EC of just 42. What does this mean, it means Amazon is CHEAP! And thus the Buy Percentage is 100%!

This video is excerpted from my recent in-depth analysis that updates buy ratings, levels and valuations for the top tech stocks in my AI portfolio to ride the machine intelligence mega-trend. The whole of which was first been made available to Patrons who support my work.

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat. to gain access to my latest analysis on : How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond

Topics covered Include:

Covid Current State
How to Get FREE Access to My Patreon Content for the Next 5 Years!
Dow Stock Market Dow Trend Forecast Current State
Stocks Bear Market / Crash Indicator (CI18)
AI Stocks Lead the Bull Charge
King Zuckerberg Tech Companies to Set up their own Governments!
Best AI ETF ?
INVESTING IN HIGH RISK TECH STOCKS
THE ONLY WAY TO GET THE BIG PAY OFFs
High Risk Tech Stocks Short List
TESLA DISCOUNTING THE FUTURE
4 More High Risk Tech Stocks
Who Wants to live Forever?

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

In fact in a recent video I showed how one can use their desktop PC to easily crypto mine in the background whilst one continues to use ones computer with the likes of NiceHash that resolves in effectively being able to cover the monthly $3 Patreon fee for the next 5 years in just one month of crypto mining as demonstrated in my video where anyone with a decent enough GPU in their desktop PC can make easy money crypto mining in the background, and here's how my desktop is actually earning a NET $6.50 per day crypto mining in the background, which within 3 weeks has earned $136 net of electricity cost that resolves to $200 per month, enough to cover 5 years of Patreon fees at $3 per month ($180). and that's just for 1 months mining!

This is a real world example, check out the video if you want FREE money.And yes my eyes rolled when I wrote that, sounds too good to be true, unless I am completely missing something obvious? Though I do cover the risks in the video such as that the Bitcoin price could crash, and mining profits are GPU dependant. Nevertheless crypto mining in the background with Nicehash is generating $6.5 profit per day for me, so do look into crypto mining with your desktop PC (referral link).

Video Contents:

00:20 Mining with NiceHash Intro
01:20 Limit GPU System Power Draw
02:58 3 Weeks Mining Earnings
03:38 Calculating Profitability
07:24 GPU settings for Mining in the background
08:46 Which GPU's are profitable
10:03 How long to crypto mine for
11:04 What to do with your bitcoin earnings
12.30 Spend Your Bitcoin when Price is High
13:30 Bitcoin Price Could CRASH
14:45 Mine whilst profitable to do so
16:33 What to do if Bitcoin Crashes

The bottom line is that the current easy free money crypto mining environment is time limited, how long will it persist for? 1 Month? 3 Months?, a Year? Everyday counts - NiceHash.

My analysis schedule includes:

UK house prices trend forecast
Bitcoin price trend forecast
More High risk tech stocks for the long-run
How to Get Rich
US Dollar and British Pound analysis

So do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat. Including access to my recent analysis - How to Invest in High Risk Tech Stocks

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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