NFLX blips, will it affect ROKU?

G

ggelitetrader000

my star stock is ROKU as its revenue likely be in form of ad and not in platform. With NFLX reporting significatnly less addition of subscribers in Q2 just today causing 13% afterhours, I wonder how it will affect ROKU?
I hope it is minimal to moderate based on:
NFLX is just one of the ROKU partner
NFLX's loss of or non-enough subscriber addition does not align with overal trend: cable to streaming. Instead they guessing it is likely to be a lack of new content rather than competitive landscape.
WIth wave of bigger names i.e. APPLE, DIS providing streaming, ROKU can just partner with 'em.
What is your take??
 
You have a lot riding on hope like the other comment pointed out.

You’re also signaling a lot of uncertainty but you need to acknowledge this fact.

With that being pointed out, consider insuring your gains for the remainder of the life you hold the stock. You will give up alpha but will remove all this reliance on hope.

The truth is... no one knows how this affects or doesn’t affect.
 
these people and their logic?

here's and idea market goes up 2.5% from the monthly average be a buyer until price equals monthly average again. same exact thing for shorting the market but opposite rules. then watch netflix while trading instead of financial news.
 
MarkBrown said:
these people and their logic?

here's and idea market goes up 2.5% from the monthly average be a buyer until price equals monthly average again. same exact thing for shorting the market but opposite rules. then watch netflix while trading instead of financial news.
More...
Can you give an example? A hypothetical example is also ok.
 
zdreg said:
Can you give an example? A hypothetical example is also ok.
More...



example using daily data sp 500

if price exceeds average(price,21 days) +2.5 percent of this average then buy - exit long when price falls back to average not including the (+2.5 percent) do opposite for short positions.

here are the trades for this year so far for the long side.
n75KVl.png


Mark Brown Band2 Study
Metastock Formulas

{Name: %Bands}
Pds:= Input("EMA Periods?",1,1000,21);
Pct:= Input("Percentage Bands?",0.1,10,5);
MA:= Mov(C,Pds,E);
TBnd:= MA*(1+Pct/100);
LBnd:= MA*(1-Pct/100);
MA;TBnd;LBnd;

{Name: %BandsCount}
Pds:= Input("EMA Periods?",1,1000,21);
Pct:= Input("Percentage Bands?",0.1,10,5);
MA:= Mov(C,Pds,E);
TBnd:= MA*(1+Pct/100);
LBnd:= MA*(1-Pct/100);

IUp:= (H > TBnd) * Ref((H <= TBnd),-1);
CntUp:= IUp + BarsSince(IUp=1) * (H > TBnd);

IDn:= (L < LBnd) * Ref((L >= LBnd),-1);
CntDn:= IDn + BarsSince(IDn=1) * (L < LBnd);
CntUp; -CntDn;

EXPERT
{Name: %Bands}

Symbols tab.
{Name: %BandUp}
FmlVar("% BandsCount","CNTUP") >= 1
{Graphic: Dot, Small, Green, Above price plot}

Symbols tab.
{Name: %BandDn}
FmlVar("% BandsCount","CNTDN") >= 1
{Graphic: Dot, Small, Magenta, Below price plot}
 
Last edited:
I have a question, who would know what you just explained unless they already know how to do what you just explained.
MarkBrown said:
example using daily data sp 500

if price exceeds average(price,21 days) +2.5 percent of this average then buy - exit long when price falls back to average not including the (+2.5 percent) do opposite for short positions.

here are the trades for this year so far for the long side.
n75KVl.png


Mark Brown Band2 Study
Metastock Formulas

{Name: %Bands}
Pds:= Input("EMA Periods?",1,1000,21);
Pct:= Input("Percentage Bands?",0.1,10,5);
MA:= Mov(C,Pds,E);
TBnd:= MA*(1+Pct/100);
LBnd:= MA*(1-Pct/100);
MA;TBnd;LBnd;

{Name: %BandsCount}
Pds:= Input("EMA Periods?",1,1000,21);
Pct:= Input("Percentage Bands?",0.1,10,5);
MA:= Mov(C,Pds,E);
TBnd:= MA*(1+Pct/100);
LBnd:= MA*(1-Pct/100);

IUp:= (H > TBnd) * Ref((H <= TBnd),-1);
CntUp:= IUp + BarsSince(IUp=1) * (H > TBnd);

IDn:= (L < LBnd) * Ref((L >= LBnd),-1);
CntDn:= IDn + BarsSince(IDn=1) * (L < LBnd);
CntUp; -CntDn;

EXPERT
{Name: %Bands}

Symbols tab.
{Name: %BandUp}
FmlVar("% BandsCount","CNTUP") >= 1
{Graphic: Dot, Small, Green, Above price plot}

Symbols tab.
{Name: %BandDn}
FmlVar("% BandsCount","CNTDN") >= 1
{Graphic: Dot, Small, Magenta, Below price plot}
More...
 
You must log in or register to reply here.
Back
Top