AWS tells me on the grounds of valuation NFLX is only worth 33 billion! (current market cap 148 billion). 115 billion to be made for shorts! Go figure the time has come to bet the farm shorting NFLX...closing price $338.68, fair value $119.11...
Earnings on 1/21, too much competitionWhen market is at record high, you will start to see many traders very eager to short the stocks.
Nflx has trending up strongly. Now it is ranging.
are you doing swing or day trading?
I don't see good strong point why you should be shorting Nflx unless you want to
do counter trend trading.
more money in equities, the equity game is not a zero-sum game like commoditiesIf only I traded stocks. Abandoned manual
Trading years ago. This trade makes sense. BUT... I know how to put stops on commodities, no clue how to do it on equities.
Absolutely but my focus is commodities. Plenty of money there as well to be made, but it is small when compared to stocks for sure.more money in equities, the equity game is not a zero-sum game like commodities
$250 price forecast after earnings call on 1/21AWS tells me on the grounds of valuation NFLX is only worth 33 billion! (current market cap 148 billion). 115 billion to be made for shorts! Go figure the time has come to bet the farm shorting NFLX...closing price $338.68, fair value $119.11...
Not QE is going on until August.