It might, but i was just looking for a trade. I will close on the gap up tomorrow. GL to you as well!
The same last night and gapped up in the Morning. AH really is insignificant in a low volume stock such as NFLX. If there isnt any news, its just noise. Lets see tomorrow.
Chinese will buy Iphone at all cost. Iphone demand is isolated from any macro event. Anyways, i wouldnt be short apple going into the back half of this year. Too many catalysts.
Also, the real economy in China is doing just fine. Dont confuse the Shanghai with the "Real Economy" . The market isdisproportional small market relative to the underlying economy. Unlike more mature economies(USA,Germany...etc..)
Again, don't confuse their immature stock market with their REAL Economy!
Dont buy into the fear. THERE is NO Recession..I Repeat....NO Recession!
The reality is Dont buy stupid MOMO like NFLX. Buy BALANCE SHEET/PROFIT KING APPLE! Now thats REAL money and not growth vapor BS valuations!