Here's how I would approach the stock after the latest news and earnings.
The move up has not meaningfully changed the direction of NFLX.
This quartet of stocks includes a boat retailer, an underwear maker, a department store chain and an entertainment giant.
According to Disney's charts, the market is skeptical that bringing Iger back for an encore as CEO will cure all that ails the entertainment giant
You can bet that the needle will move. One way or another. Can Disney actually do this, as in continue to evolve and still return itself to glory? It has to.
The troubling thing is that it's difficult to see any improvement going forward for quite some time the way things are.
The charts of the streaming service are mixed, which makes the path of the stock unclear.
Proceed with caution.
The stock will give buyers a chance once the algos stop forcing markets higher in response to all of the July data on inflation.
The charts of the entertainment giant are modestly positive before it reports fiscal third-quarter results after Wednesday's close.