Walt Disney Company (DIS)

Credit Suisse on Disney : The Walt Disney Company Consumer Discretionary ' Earnings F2Q22 Wrap: Parks Rebound Headlines Messy, But Favorable Underlying Trends Rating: Maintain Outperform Target Price (USD): 170.00 Outlook: Disney+ subs were ahead, b...

* The market (and money) never sleeps -- and neither do I, it appears! * Futures turned slightly lower in the evening -- extending the steady losses of the last week.   * The S&P oscillator grows more oversold. "Workin' on our night moves Trying to ...

Disney missed top-and-bottom line. It had $1.08 earnings per share vs. estimates of $1.20 on and sales of $19.2 billion vs. estimates of $20.3 billion -- but there was an adjustment of about $1 billion of sales (more on this later).   However, the k...

I covered more of my short at $397.19 in premarket trading. Also: * Added to at $139.45. * Added to (in front of EPS) at $107.15. * Buying and bidding for banks/brokers, across-the-board.

* The market (and money) never sleeps -- and neither do I, it appears! * Futures turned higher in the middle of the night and sustained the rally thus far. "Workin' on our night moves Trying to lose the awkward teenage blues Workin' on our night mov...

Following longs this morning: $13.86, $44.02, $5.59, $108.86, $27.32, $12.50 and $151.49. Also, adding to three homebuilders - , and .

Adding to $27.90 and $110.20.

I added to Disney today as well.

Trading long rental at $312.20. Also, Disney   was my second choice for Trade of the Week but banks got the nod! Added a lot of Disney on weakness this morning.

* The market (and money) never sleeps -- and neither do I, it appears! * Stock futures edged higher overnight after a disastrous Friday... "Workin' on our night moves Trying to lose the awkward teenage blues Workin' on our night moves In the summert...

I recently lowered my buy level on Disney to $115. The shares penetrated that today and I just took a long trading rental in DIS at $114. I also picked at Microsoft at $285.

* I am neither a Perma Bull nor Perma Bear - I am a value investor who has at my core the marriage of a contrarian and a calculator * I am now less bearish as the markets, and falling share prices, have begun to discount my concerns * Selectively bu...

* The market (and money) never sleeps * Futures had a decidedly positive look all evening "Workin' on our night moves Trying to lose the awkward teenage blues Workin' on our night moves In the summertime And oh the wonder Felt the lightning And we w...

* The shares of Netflix, despite its recent schmeissing, remain overpriced * Perhaps, considerably so...  Netflix's  shares have been roughly cut in half from its peak (From $700/share to $348/share), before it gets another big haircut (-$90 in prem...

I have also decided to sell my very small position in Warner Bros. Discovery (in the premarket), as well as Disney . I have no positions in streaming now.

While I repurchased a small amount of Disney back under $125.50 (in the after hours and following a -$7 fall-off), I have sold the position (for a breakeven) in premarket trading this morning.   I no longer think there is a rush to purchase DIS give...

* The market (and money) never sleeps * Modestly lower futures, reflecting Netflix news - stuck in a small range since subscriber disappointment, though "Workin' on our night moves Trying to lose the awkward teenage blues Workin' on our night moves ...

Netflix , as I feared (see below), was an unmitigated disaster:   * Reports Q1 $3.53 vs. $2.92 expected, Revenue is $7.87 billion vs. $7.94 billion expected; * Guides Q2 $3.00 vs. $2.97 expected, total Revenue $8.05 billion vs. $8.21 billion expecte...

I am of the view that Netflix might have some bad subscription numbers today after the close. If so, streaming companies could get hit. I sold Disney for that reason this morning.

I am out of Disney on the +$4 move. Covered my Disney short calls.