One more trillion-dollar business is looming over us.
One more trillion-dollar business is looming over us.
Another trillion-dollar company.
Is it too late for us to get into Amazon trading? Because it seems that Amazon and Apple are going to have to fight for the investors as both pf them now have an opportunity to be in the world’s first trillion dollar businesses. Of course, Apple has already crossed the milestone while amazon is only nearing the point of no-return.
Despite all of the problems that dollar had in the recent days, American indices were growing. In fact, they were hitting historical highs. And it seems that the success if the American numbers was mirrored in shares for Amazon. Level of sales has been growing for the internet retailer and shares have been gaining for 4 days straight now. But the success of it was overshadowed by the falling dollar that attract everyone’s attention. But now, when we see that the fall was only temporary, we can turn out eyes to the growth of the shares.
Amazon growth is one of the biggest and best performances that the markets have ever seen. Since 2014 550 percent was added to the value of one share. Overall in these four years $800 billion was added to the market cap of the company. And Amazon isn’t going to stop there. As far as we can tell, Amazon is only just getting started.
Fight for the trillion-dollar markets cap is a tough one and we would never guess that Amazon would be the second one to cross it. Although if you have been following the performance and development of the company like we have you wouldn’t be surprised as well. In the recent years Amazon became so much more than just a local online store. People all around the started to order goods from American company. European and other offices were opened in order to accommodate clients everywhere. Service that allows one to buy e-books as well as production of Amazon’s own e-books was opened.
New and new services are announced from the retailer. Virtually every need that the buyer might have can be obliged by the online platform. and that is something traders want to invest into. And that is the simple explanation of the growth. And that is why we say without any hesitation that Amazon is only getting started. Of course, Apple is going to go to battle in order to stay the unique trillion-dollar business but even that we can turn into something good for us traders.
Both Apple and Amazon are going to try and fight for the investors, offering interesting perks and additional services to every investor, approaching the companies. Plus, with companies like these there is always almost a sure guarantee of stability. That is something we can overlook in the geopolitical situation that we find ourselves into.
Watch American currencies closely.
It seems that the geopolitical situation on the world can change pretty soon as there are hopes that by the end of this week the leaders of America, Canada and Mexico are finally going to come to an agreement on NAFTA. An agreement that is long overdue, if you ask us. For months and months traders and experts were waiting for.
The problem is that The United States and Mexico have already reached an agreement and Canada wants in, but with new wave of negotiations, it seems that Mexican President may not have enough time in order to sign all of the documents with accordance to US laws. But without Canada agreement renewal wouldn’t be full and that is why the next couple of days are going to be crucial for the deal and fro the economies of the countries participating in it.
Free trade agreement is something that can really help not only the partnership of the participants but can also take a big part in boosting their economies. We already talked about peso’s growth and we now see the growth of the greenback. We guess that Canadian dollar is also going to get a boost after the deal.
But. In case there is no deal, which is possible with the policies that Trump is throwing at the world, we are going to face the crash of the economies. Possible crash. As Trump has already begun criticizing the deal with it not even being finalized and properly discussed. So, we can never rule out US backing out of the deal. So, our opinion is that we have to be very careful with trading until the deal is over as it involves dollar.
In case the greenback falls, markets are going to surge, but Unites States will become weaker. In case dollar surges, markets are going to be all in the red zone. In any case – watch out for the NAFTA deal.