Regarding the recent drop in AMZN from over 2000, to below 1700….
In December 2015, AMZN hit 700 then it crumbled over the next month or so it dropped to below 480. But by early May it was over 700 again. The sky seemed like it was falling then too; that was a solid 30% drop in AMZN but it still recovered. At that time the fear was that the Chinese economy was slowing. Seems stupid now that we would care about that (and get over it so fast too, because nothing changed, I mean it’s not like there was any news released to the effect that the Chinese economy was no longer slowing), but all these dips will seem stupid looking back when AMZN is back over 2000.