Uh ohhhh Deutsche Bank warns Netflix may miss second-quarter subscriber expectations Deutsche Bank tells its clients Netflix shares may fall next week, predicting the company could miss Wall Street’s second-quarter subscriber expectations. Netflix shares are the second best-performing member of the S&P 500 this year. It's up 115 percent year to date through Thursday versus the market’s 5 percent return. https://www.cnbc.com/2018/07/13/deu...y-miss-second-quarter-subscriber-expecta.html
You know they are.... they drop daily. Then when they step over the low number everyone cheers. Same thing over and over and over for the past 100 years. Same game different date.
Can you imagine what kind of accounting trickery is occurring right now in the markets. Its just a matter of time till this magic act has the curtain pulled on it. But they won't do anything till after the midterms. Tick-tock goes the clock.
Could this be the "fly in the "ointment" of AMZN .... and the market overall? "Diesel fuel, used in trucks, is about 45 percent more expensive this Prime Day than last year's, while jet-fuel prices are up more than 50 percent from a year ago, according to data from S&P Global Platts. And gasoline prices about 30 percent higher than the same point last year, AAA says. The price spike will be a test for the e-commerce giant, which raised the annual price of Prime membership this spring to $119 from $99 for new members, citing rising costs." https://www.cnbc.com/2018/07/13/amazon-prime-day-hauls-will-be-more-expensive-to-ship-this-year.html
Don't for get the stock index futures rise overnight, just about every night...Sunday nigh open is a no brainier from the long side.
I wouldn't be amazed if one day we find out about all this accounting trickery .....seems 80% of the time earnings are stellar....rinse and repeat!
It appears the easy money is to buy the banks with a stop under the 200d. Good luck to all IV crush players with NFLX, Victory or Death!