Amazon reported its first quarterly loss since 2015 on Thursday.
It reported a loss of $3.84 billion, or $7.56 a share, for the first three months of the year barrons.com/articles/amazo…
There is nothing to indicate a bounce back yet. And if it dips and closes next week below this, then it's going to be a mess incoming.
Caution advised.
Ministry of Truth in George Orwell’s 1984 happened to control all forms of information - news, education, entertainment and art. The purpose: to delete old historical records and publish new information, so that history is brought in line with Big Brother’s current pronouncement
Indore is home to 10% Registered Investment Advisors of India (RIA).
It was at a point of time called Mini Bombay.
Since RIA came into being in 2013, 90% of 16,400 complaints are from Indore based operators.
Four such firms have been reported to SEBI over 500 times. (Source @TheKenWeb )
For this we need to understand P/E ratio. It basically tells us the number of years at constant profits it will take to return the investment.
It tends to capture the agony and ecstasy of the market.
In bear phase investors are despondent about the future, P/E ratios of companies and indices will contract. Exactly opposite happens in bull phase.
There’s a locksmith who as he gets better, moves from assistant to master, ends up upsetting customers because he can fix their locks quickly.
The locksmith is saving - time and money for client. But they don't feel the value is there for money due to the shortened time input.
Fable says Pablo Picasso faced a similar paradox. One warm summer’s day he was sitting in a park when a woman recognised the artist, approached him, and insisted he sketch her. Smiling Picasso reached for his sketchpad and created her portrait with a single stroke of his pencil.