Netflix, Inc. (NFLX)

176.31
14.00 7.50
NASDAQ
Prev Close 190.56
Day Low/High 176.27 / 187.70
52 Wk Low/High 162.71 / 700.99
Exchange NASDAQ
Shares Outstanding 444.27B
Market Cap 84.66B
P/E Ratio 92.96
Div & Yield N.A. (N.A)
I Do Think Peloton Will Be Bought: Here's How I'm Playing It

I Do Think Peloton Will Be Bought: Here's How I'm Playing It

PTON reported earnings Tuesday morning, and there's no way to sugarcoat the revised full year guidance.

Market Fun House, Bond Yields, Nord Stream 2, Raytheon, Steel, No Dice Nvidia

Market Fun House, Bond Yields, Nord Stream 2, Raytheon, Steel, No Dice Nvidia

I had actually worried a bit that Arm was going to take Jensen Huang's eye off of the ball. That worry can now be put to bed.

Don't Look for Earnings to Buoy Stocks as the Year Progresses

Don't Look for Earnings to Buoy Stocks as the Year Progresses

Comparisons with the previous year are going to grow increasingly tough, and inflation is likely to eat into consumer spending, too.

Index Charts Look Very Poor But Watch for Rotation Into the Worst Sectors

Index Charts Look Very Poor But Watch for Rotation Into the Worst Sectors

Trying to find good counter-trend moves in the hardest-hit stocks is tough.

The Economy Goes From Bad to Worse

The Economy Goes From Bad to Worse

The central bank is clearly between a rock and a hard place.

I Believe in Yesterday

"Yesterday all my troubles seemed so far away. Now it looks as though they're here to stay. Oh, I believe in yesterday." - The Beatles, Yesterday     I will have a lot more about the markets in my opener, "It's Scenario #2."   But before I do I want...

Meta Takes It on the Chin -- And the Market May Not Be So Forgiving

Meta Takes It on the Chin -- And the Market May Not Be So Forgiving

As another 'fan favorite' gets hit hard, consider this to be part of the changing nature of the market.

Netflix Now

Netflix is now -$30 from my partial sale at $359 in the premarket.

Executed Prices

* And full disclosures  For those that are counting here are the average prices of my executed orders:  Long Buys * $21.86 * $18.02  Long Sales * $233.12 * $23.74 * $45912 * $47.02 * $3110 Short Sales * $98.06 * March $440 calls $22.91 * SPY March $...

Some Observations

I see numerous divergences, etc. which cause me to expand my short exposure:  * VIX is higher. * The Russell Index is not crowing - a big divergence. stinks, too. * Reversal from strength earlier (to losses now) in financials. was $368.53 and now is...

Why Sony's Jump for Bungie Makes Videogame Sense

Why Sony's Jump for Bungie Makes Videogame Sense

The PlayStation maker likely will introduce a subscription service later this year, hence the planned buyout of "Destiny" developer Bungie.

Reducing NFLX

I am further reducing my long in the premarket.

Netflix

I recently purchased at around $373.  The shares are currently $437 - and I am taking half of the position off.

From The Street of Dreams (Part Deux)

Citigroup upgrades and  with price targets of $450 and $240, respectively. JPMorgan maintains a sell on Robinhood .

Netflix

CEO Hastings buys $20 million of Netflix on the stock price decline.  I recently initiated a long position between $370-$375/share.

Microsoft's Activision Buy Could Take Gaming M&A to Next Level

Microsoft's Activision Buy Could Take Gaming M&A to Next Level

But regulatory hurdles could zap big buys into the danger zone.

The Fed Is More Hawkish Than the Market Anticipated

The Fed Is More Hawkish Than the Market Anticipated

For the third time this week, buyers stepped up on extreme computer-generated selling.

Back in NFLX, FB

"Just one more thing." - Lt. Columbo I bought back my Netflix after Pershing Square announced that they have purchased over three million shares. And I reestablished Meta  long.  

The Stealth Bear Market Expands

The Stealth Bear Market Expands

Regardless how the Fed tea leaves fall today, the recent spike in volatility is likely to be with us for a while.

Housekeeping Item

I have sold out my trading long rental in above $380 in premarket trading - for a modest profit - started higher and scaled lower as posted.

Disney Should See Revenue Stream in, After Covid Leaves Town

Disney Should See Revenue Stream in, After Covid Leaves Town

The entertainment giant got rained on after Netflix's sour outlook, but parks and more should bring back the smiles for investors.

The Netflix Charts Have Been Bruised

The Netflix Charts Have Been Bruised

Here's the next logical price target.

Netflix Cut at Jefferies

I Guess I'd Better Go Now

Well, the clock says it's time to close now I guess I'd better go now I'd really like to stay here all night The cars crawl past all stuffed with eyes Street lights share their hollow glow Your brain seems bruised with numb surprise --"Soul Kitchen"...

Late Day Adds

Amazon  Netflix Berkshire Hathaway SPDR Gold Shares   Note: Day trading NFLX into the close.

The Spotlight Flickers for Netflix

The Spotlight Flickers for Netflix

NFLX may be able to maintain its prime position, but its crown appears not as safe as it once was.

Sarge Alert

Your best pal will appear on the Fox Business Network with Liz Claman at 3 pm ET. We're talking about stocks. I'm thinking Netflix , Disney , Berkshire Hathaway , Livent , Matson , Apple , Union Pacific , Ford Motor , and Marvell Technology . I am l...

With Options Expiring, Buckle Up for Another Volatile Close

With Options Expiring, Buckle Up for Another Volatile Close

The good news is that many stocks have already been hit so hard that they are not sinking quite as fast.

Here's Why Netflix Is a Trader Now, Not an Investment

Here's Why Netflix Is a Trader Now, Not an Investment

NFLX is growing, but it's not a 'growth' stock and had been priced like one. That's over.

My Updated Market Stance