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Why Jeff Bezos Sold $6 Billion of Amazon Stock This Week—It's All Part of a Plan (www.investopedia.com)

posted 277 days ago by brain_dead 277 days ago by brain_dead +93 / -0

Why Jeff Bezos Sold $6 Billion of Amazon Stock This Week—It's All Part of a Plan

Three months after moving back to Miami, Jeff Bezos sold $6 billion in Amazon stock as part of a predetermined plan—one that benefits from his relocation to tax-friendly Florida.

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– MemeToDeath2021 3 points 276 days ago +3 / -0

Lots of insider selling and media reports of "soft landing" are indicators that we are near the peak. March 15, 2024 terminates "emergency facility" used to stabilize regional banks. Market crashes tend to happen in two waves for some reason. One in the spring March/April and one in the fall Sept/Oct. This pattern was seen in 1929, 1987, 2001, 2008 probably because they were all "engineered" by bankers.

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