And yet the media, CNBC and all their guests are making every effort to suck everyone in, thinking that the only headwind in the entire market was Greece. Greece was another excuse to attempt a new rally now that Greece caved in as we knew they would. Now it's time to resume the start of the correction.
It's nothing more than a political move by Obama for his legacy.....We call this kicking the can down the road, very similar to the Greece deal.
I'm so sick of the same rhetoric, day after day. Racer we both know that Greece was just an excuse to rally the markets again; we knew Greece would capitulate...But Greece isn't the only headwind out there. On another note, today we have all the egomaniac activists out there parading at a CNBC sponsored conference, to tell everyone what companies should do. Does the madness ever stop? I think a US crash this summer will make the Chinese crash look like a walk in the park.
That was me giving you a "like" on your post. Greece was just an excuse to rally the markets again. The Chinese reaction to their market rout is comical; they were going to arrest all short sellers and throw them in jail! lol... And the big money can't sell their shares? There are morons running that country. The Iran deal is another joke, a unilateral policy maker decision to trust a country no one trusts, without any consultation or input from Israel....Don't even get me started on that. Victory lap indeed.
Nothing matters except his damn legacy. He sent his boy Kerry over there to broker the deal...Oh, man I've got to trade stocks in an hour, I need to calm down! You're correct indianriver (are you in Florida by the way?); Israel doesn't matter to this administration.
"Get the hell out of the market now" "We're going down, way down"!
Trading a 4 million times forward earnings...Oh that's right, it's all about subscriber growth....keep pumping away, I'm sure it will $110 tomorrow, so maybe I'll wait until then.
Netflix went up, in part because the weekly chart said it would go up. In other words, the big money was betting on this, and they rarely lose. With this move in AH, they just added a ton of market cap with the new split. As for your theory, don't even get me started on the market manipulation out there, it's worse than the Chinese, and they're bad.
Me too Reid, me too. It's way overvalued, but who cares? It's a casino, not a market.
The Cowen analyst raised his price target to $150 on NFLX.....$150!! In other words, pre-split that would have been a price raise of 287 dollars from his previous price target! Did they ignore the split, or is this 1999 all over again?
We're hearing that El Chapo Guzman will be Hilary Clinton's VP running mate next year. He's sure to win over the Latino vote, and with his knowledge of tunnels, bridges, and corporate business, El Chapo will be a big hit with the voters. All is forgiven, because the US welcomes anyone in the country, esp. those with a criminal record.
Obama said yesterday that the US is a country that believes in second chances. I guess that means we can forgive Cosby, El Chapo, and release all the criminals on death row.
The Cowen analyst raised his price target for NFLX this morning, from $109 to $150....$150!!! That implies, pre split from last week, a price target raise of almost $300! We're in trouble all over again, but we just don't know it yet.
It's in a long term uptrend, and it's oversold on the weekly chart right now. Nothing has changed from a fundamental point of view, in fact the story is much better now. I'm in for the long haul..Good luck.
Thank you. I think the chart looks really good, and I'm more experienced with charts than fundamentals. But from my research, there appears to be some leverage, momentum, branding scale, and a chance for exponential growth here.