Netflix, Inc.Short
NFLX - end of story
- the slowdown in the US economy seems to be perceived even in Wall Street, or perhaps not, there they cannot see anything yet
- the yield curve behaviour indicates potential recession
- labour market shows symptoms of weakness - minor ones but still
- carry trade goes away slowly
- insiders sell not buy
I am out if the Mag7 stocks for some time already, now I think it is possible to buy PUTs on selected techs - be it NFLX. Perhaps it is good to wait till NVDA shows results on Aug 28th, then decide
- the yield curve behaviour indicates potential recession
- labour market shows symptoms of weakness - minor ones but still
- carry trade goes away slowly
- insiders sell not buy
I am out if the Mag7 stocks for some time already, now I think it is possible to buy PUTs on selected techs - be it NFLX. Perhaps it is good to wait till NVDA shows results on Aug 28th, then decide
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.