NFLX dropped everytime after earnings and then soared in between earnings. 
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How do they make any money, when 8 people can share one account?
Hoping that there is some FUD about the stimulus package tomorrow so I can pick some up at an even deeper discount.
I think Netflix has always been underestimated. It seems like every month or so Netflix would release something and it will be the talk of the world for that week. The latest example is Emily in Paris. And before that there was something about beauty pageants that feature little girls. They aren’t really great shows but they keep the buzz going, to the point that you feel missing out if you are not a subscriber.
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Emily in Paris is a total rip off of a Devil wears Prada.
But it is hilarious making fun of American and French stereotypes.
I heard the French are not crazy about being made fun of in the show.
I am sure. After all they think Jerry Lewis is funny. They don’t get American humor. But I do like how they went after Americans and their PC stupidity
FSLY and ESTC getting spanked today. Too early to get in?
I came out of everything as I am skeptical that market may sudden fall any day.
Otherwise would have bought FSLY , NFLX and TSLA
SNAP, FB, BIGC, PYPL and SNOW are roaring.
Don’t believe in all cash. So far,
Semi portfolio ~90% cash
No DD portfolio ~50% cash having reduced to 10 holdings. Thinking of either boosting those 10 holdings or get new ones. At the point of acquiring, market cap of each stock is less than $10B.
Whatever portfolio ~whatever
I sold $75 FSLY put strike oct 30, 2020 for $3. If it drops, I may get the stock at $72 level.
Megacap stocks (AAPL, AMZN, TSLA) causing QQQ to drop. Hot cloud stocks are roaring.
Green: OKTA, SNOW, TWLO
Happy shorts covering for the day. 2mrw is another day.
FVRR too
FVRR makes ~200mn in revenue per year. PE is 1115. Makes no sense.
I’ve been trying to take the short side but there is no liquidity in options 3 to 6 months out. My orders don’t get filled at all.
On the other hand, I made 200% on my RUN puts.
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recommend buying more RUN put or it’s course is done?
I don’t know actually. RUN could bounce back in the medium term with a Democratic clean energy agenda.
Earnings whisper seems to think short term is still down. You might also want to read earnings thoughts from analysts since earnings occurs on Nov 5th.
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Stocks zoom higher as Wall Street predicts Joe Biden will win
However, anti-trust issues seem to be weighing on the megacaps such as AMZN and GOOG.
The freedom press title/content is one set, market action is another set. The analysts are assigning best title to the market reaction.
Today , it may be like this
Stocks zoom higher as Wall Street predicts Joe Biden will win
Tomorrow it may be like this
Stocks zoom higher as Wall Street welcomes Trump win
or
Stocks zoom higher as Wall Street welcomes Biden win
Or if Market is down
Stocks down Wall Street expects stimulus from new government.