Walt Disney Company (DIS)

151.94
NYSE
Prev Close 155.44
Day Low/High 148.41 / 152.62
52 Wk Low/High 142.04 / 203.02
Exchange NYSE
Shares Outstanding 1817.66B
Market Cap 282.54B
P/E Ratio N/A
Div & Yield N.A. (N.A)

Earnings After the Close: Disney, CoinBase

* I would cover a Disney  short and I would add to CoinBase on the reports.   Disney reported earnings per share ahead of consensus, but revenues were shy of expectations. But, most importantly, Disney + subscribers missed (quite similar to Netflix ...

'White Hot' Inflation, Foolish Forecasts, Flapping Fed, Trading the Semis, Apple

'White Hot' Inflation, Foolish Forecasts, Flapping Fed, Trading the Semis, Apple

I usually buy the dip on big 'down' days. On Wednesday I did buy the dip -- but only in gold.

Covering Disney, Delta Air

Perennial and popular favorite Disney is approaching the low $170s where I would cover the short.  Delta Air Lines is down hard again and I would cover $40-$42.    

A Disney Short

In response to a couple of emails, I continue to favor a Disney short with a $170 price target to the downside.    

Amazon Has a Blowout Quarter and I'm Sticking With My Plan

Amazon Has a Blowout Quarter and I'm Sticking With My Plan

I have rarely if ever seen a large company crush earnings expectations so decisively.

Taxing Matter, Biden's Unsound Idea, Adapting to Change, Problems and Solutions

Taxing Matter, Biden's Unsound Idea, Adapting to Change, Problems and Solutions

The president's plans to raise taxes aren't a surprise, but hiking the capital gains rate significantly isn't such a hot idea.

Minding Mr. Market: Shortlist

I remain negative on stocks.   The "market without memory from day to day" has continued.   Market breadth was noticeably weak.   I have been of the view that banks, Twitter (-$3), Amazon (-$53), Walmart (-$1.53) and others should be reduced -- and ...

There Is No Shortage of Kevin Bacon-ing in This Market

There Is No Shortage of Kevin Bacon-ing in This Market

The worst example? Netflix. Competition has ended the Golden Years for this streamer.

Jim Cramer: I Laugh When I Hear That FAANG Stocks Are Dead

Jim Cramer: I Laugh When I Hear That FAANG Stocks Are Dead

Because unlike almost any other companies in the world, they get the benefit of the doubt, and they deserve it.

Disney

I would still be short(ing) Disney .

How Do You Play the Netflix Dip? Buy Disney

How Do You Play the Netflix Dip? Buy Disney

Here's my trading strategy.

Rampant Virus, Geopolitical Conflicts, Semi and Bank Stocks, Apple, Netflix, Ark

Rampant Virus, Geopolitical Conflicts, Semi and Bank Stocks, Apple, Netflix, Ark

Financial markets are telling us something, so it seems.

Minding Mr. Market

Some observations:  * Ss over Ns. And the Russell is not crowing. (I added to my and shorts on the morning's strength). * Banks are lower in a sea of green this morning. It is my view that bank stocks are vulnerable after the runup. I will have a co...

I've Got Wine and Baseball Cards on My Mind

I've Got Wine and Baseball Cards on My Mind

Two new IPOs are on my radar.

Sell The Winners Buy The Losers, Dayenu?

* In a (price) momentum based investment world the winners often get overextended and the losers often get oversold  "Ilu ho-tsi, ho-tsi-a-nu, Ho-tsi-a-nu mi-Mitz-ra-yim, Ho-tsi-a-nu mi-Mitz-ra-yim, Da-ye-nu! .. CHORUS: .. Dai, da-ye-nu, .. Dai, da-...

Looking at Shorts

*Last week we looked at laggards to buy, today I look at shorts  Last week I looked at laggards I would buy - some, like Amazon , Twitter  and Walmart prospered:  Apr 01, 2021 ' 08:30 AM EDT DOUG KASS Looking at Laggards * On the long side While I f...

Topps Deal Is Keeping Me in the SPAC Game

Topps Deal Is Keeping Me in the SPAC Game

Mudrick Capital Acquisition Corp II is bringing the iconic baseball card name public.

Jim Cramer: Adam Aron Is About to Rescue AMC Entertainment Yet Again

Jim Cramer: Adam Aron Is About to Rescue AMC Entertainment Yet Again

Since the pandemic began, it'll be the sixth time for AMC by the turnaround CEO, aptly named Houdini.

Jim Cramer: Robbing Peter to Pay Paul

Jim Cramer: Robbing Peter to Pay Paul

Let's review this Archegos drama and some lessons from this fickle market.

The Market Is a Hard Dog to Keep Under the Porch

* The U.S. stock market remains materially overpriced * I would use market rallies to reduce equity exposure * Value is stretched now (financials and energy) while growth valuations are vulnerable to higher interest rates * I am looking towards some...

Trading in Non-Fungible Token Tech Is an Art -- and It's Fun(ko)

Trading in Non-Fungible Token Tech Is an Art -- and It's Fun(ko)

Let's look at how to play FNKO amid to NFT hype.

Penn National Gaming Is Probably a Good Investment If Done Properly

Penn National Gaming Is Probably a Good Investment If Done Properly

Here's where I'm comfortable increasing equity exposure to this growing business.

Jim Cramer: Would You Sell GameStop Now?

Jim Cramer: Would You Sell GameStop Now?

The most important thing if you are a GameStopper is that you have to ponder how Unity is worth $29 billion and Activision is worth $79 billion.

Minding Mr. Market

* I expanded my net short exposure yesterday  "A man with money is no match against a man on a mission." - Doyle Brunson   I try to maintain a very transparent look at my book but sometimes I recognize that I trade a lot and make meaningful changes ...

Sensationalism Sells, Treasury Auctions, Nasdaq Follow-Through?, Inflation

Sensationalism Sells, Treasury Auctions, Nasdaq Follow-Through?, Inflation

Should the Nasdaq create a new low for the week at any point from here... we will have to admit to being in correction.

First Born

From a friend of mine and a very visible long term supporter of Disney in the media over the last 40 years:  Dougie  I sold my Disney today.  Its like giving up my first born!

Two Large Shorts

I have large short positions in and now.  These might be two of the most overvalued non technology stocks on the NYSE currently.  

Disney Short

I reestablished my Disney short at $201.40 in premarket trading.

When Equities Trade Like Commodities

* Many might consider backing off a bit from the game - by reducing your portfolio's 'VAR' * The pivot from growth to value may have hit a short term peak in intensity yesterday * If correct, there may be developing value plays in growth - I like Am...

Messy Room, Mixed Messages, Tepper's Tea Leaves, Treasury Auction, Trading Notes

Messy Room, Mixed Messages, Tepper's Tea Leaves, Treasury Auction, Trading Notes

Facts are facts and the facts are that even as messy as it looked, it does not even come close to revealing what Monday left behind.