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Old 06-27-2016, 11:23 AM  
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Old 01-20-2022, 04:11 PM   #12301
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What happened to NFLX? Yikes.
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Old 01-20-2022, 06:36 PM   #12302
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Disney is taking a beating too.
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Old 01-20-2022, 07:03 PM   #12303
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Old 01-20-2022, 07:18 PM   #12304
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Old 01-20-2022, 08:21 PM   #12305
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Originally Posted by scho63 View Post
My asshole is starting to drip a little blood.

Not liking this market.....

Oil and interest rates keep rising and the current admin keeps making blunder after blunder.

Not a winning formula for stocks.
Gas was $2.93 at 9:00 am this morning and $3.15 at 1:00 pm. 22 cents in a few hours. That is Third World type inflation.

I would dump all my green accounts, but then where would I put the money? Inflation is eating people's savings at an alarming rate.
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Old 01-20-2022, 08:34 PM   #12306
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Yikes.

https://www.cnbc.com/2022/01/20/pelo...and-wanes.html

I never understood the Peloton thing. It was a ludicrously expensive product that didn't seem to do more than cheaper competitors.
It's a significantly better product experience than others on the market, and offers fitness classes across a wide variety of genres. The bike/treadmill are definitely overpriced, but you're buying a more integrated experience, along with a community - that has value for a lot of people. Over 2 million customers, with an extremely high retention rate.

I think they got burned by a few things, primarily overly aggressive growth during the pandemic, along with the pandemic forcing more companies to start offering remote content. The overreaction to the Xmas commercial, an incident with the treadmill, and a Sex and the City episodes all drove the price down, too.

Will be interesting to see if they can recover.
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Old 01-21-2022, 08:38 AM   #12307
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Yesterday was a ****ed up day. Not shocked at all that we opened up and closed down but the selling came in heavy and I believe in large part because of Netflix.

The QQQs smashed through the 200 day SMA and this morning are completely under it.

The SPYs however are just getting to the 200 day SMA, still about 40 SP500 points or 400 Down points above it. Keep your eye on this one.
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Old 01-21-2022, 09:27 AM   #12308
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Yesterday was a ****ed up day. Not shocked at all that we opened up and closed down but the selling came in heavy and I believe in large part because of Netflix.

The QQQs smashed through the 200 day SMA and this morning are completely under it.

The SPYs however are just getting to the 200 day SMA, still about 40 SP500 points or 400 Down points above it. Keep your eye on this one.
SPYs broke the 200 slightly but are trying to bounce here.
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Old 01-21-2022, 10:20 AM   #12309
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Disney getting crushed due to Netflix bad streaming forecast.
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Old 01-21-2022, 10:25 AM   #12310
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I went to see Spiderman at AMC this past weekend. I've always generally liked the place, but I think COVID has made me old and cranky. I sat next to a kid who put his recliner up and down no fewer than 150 times during the movie, and someone thought it was a great idea to bring a baby who started crying right around the movie's climax. (The parents did not take the baby out - it cried for about 5 minutes before quieting back down.)

I may have to get snooty and drive the extra 10 minutes to Alamo in the future.

P.S. Their stock hit the 16s this morning. Funny how quiet it's been in here lately on that front.
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Old 01-21-2022, 10:26 AM   #12311
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Mtg has been in hiding. Lol
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Old 01-21-2022, 10:27 AM   #12312
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Disney getting crushed due to Netflix bad streaming forecast.
Netflix is taking a massive hit, my goodness.
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Old 01-21-2022, 10:28 AM   #12313
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I bought 50 more shares of Disney at $138. I'm out of cash or I would have bought another 150
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Old 01-21-2022, 10:54 AM   #12314
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RE: Netflix.

No substantive evidence here, but it looks like guys are selling some more distressed balance sheets they want to believe in but are cutting some bait in the face of a potential downturn. Then the bad earnings accelerated things, then stops got ran, and BOOM the market is saying **** Netflix.
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Old 01-21-2022, 11:18 AM   #12315
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The analysts loved NFLX $150 higher and now they all hate it.

Analysts are worthless
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