Amazon is the best of this bubble, and in some ways the worst!
Yet again, it’ll pay zero taxes to the IRS for 2018!
No taxes on sales of $233 billion and profits of $10.8 billion last year.
Not a dime.
This is just wrong.
And it’s one of many things that are wrong with this bubble!
I just had to record a video to talk to you about it.
So, we’ve got companies making record profits and enjoying tax cuts. AND they’ve had a QE tailwind for years…
All of which they’ve used to buy back their own stocks.
Yeah! That’s a recipe for trouble.
First though, they’ll present Dark Window profit opportunity this year!
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P.S. Opportunities will abound during the Dark Window we’ll enjoy this year. Some of the best could well come from stocks $10 or cheaper. The trick is how to find those tiny, but mighty, gems. Tune in to John Del Vecchio’s webinar next Tuesday, February 26. It’s called The $10 Trader: How to Build a $523,000 Fortune With Some of the Market’s Cheapest Stocks. He has some tricks up his sleeve for you, but to hear them, you must register to watch.