WAIT NFLX had a huge miss yet its up HUGE!!! IM CONFUSED...Im going to short its about SUB.... 2.3 million subs more than everyone was looking for hmmm
had a short in at $536 but its pending approval, first time shorting a stock with this new account so who knows if it goes through... oops forgot to click the extended hour link....will try again when or if it gets back above 535.
Nflx earnings weren't great, they missed, subscribers were up well beyond what was expected but it doesn't warrant a 10%+ increase in stock price....remember subs will always peak, then its all a matter of how to keep revenues up with the subscribers you have....with so many different companies offering subscriptions now a days I don't know how people keep up, I don't have any of those paid streaming services, Ill listen to spotify or pandora but don't pay for it...
was listening to bloomberg, the guy said last year they were looking for a $1.40 in this quarter, it was lowered to .69, they did 38 cents.... .26 for the next quarter which is incredibly low considering how high analysts had their estimates.... welcome to 1999 all over again!!!!
These are corrections on the s$p since 1965, now I don't know why the chart shows 2012 as a correction since it was only down 9.94%, a correction is considered 10% or more, SO I'm ruling out 2012 as a correction and just a small dip, so if you think about it the last correction was in 2010, 5 years ago today it started...... even if you want to include 2012, thats still 3 years since any correction has taken place.... think about that 3 years? Anytime the dow sinks 3% people start to worry like its literally a 32% correction, thats the problem of not having any pull backs, even the slightest 2% drops will get anyone worked up, so just imagine a correction of 8% or 12% or 20% or even a 32% correction would do, the psychology of this market now is not the same as it was just a decade ago, this market is trading in a fairy tale, thats the problem, when the next severe correction takes place its going to catch every single person off guard, I guess everyone thinks the markets are headed for another 200%+ rally the next 5 years....they are going to be proven very wrong...
If the economy slows down, the stock market will go higher... Only when the economy has fullly recovered and boosted even further, the stock market will stop climbing. Don't think in the opposite direction. Truth is the worse the economy is, the higher the stock market will be.
Because on the one side, the stock market benefits from the money printed by the central bank. On the other side, the government needs the stock market as the pool to absorb the over-printed money in the economy.
Shanghai up almost 3% last nite, I think that market has more bubbles written on it than the nasdaq in 1999, but of course no one will admit that....just keep buying If you can...it's free money at the rate it's moving it would trade close to 15,000 by end of 2015 and will be trading higher than the dow by early 2016.... SHANGHAI 4194.65 110.49 2.71%