I'm inclined to add to Disney on today's weakness.
A key chart is saying it isn't time to buy the video streaming giant just yet, but a tradable low could be near.
Let's look at the charts of VIAB this afternoon.
NFLX has been stuck in a narrow trading range, but a breakout -- probably on the downside -- will happen eventually.
The share price of ROKU has moved sharply higher from its late December nadir.
FIVE could be a key retailer poised to seize on toy sales alongside more traditional retailers.
Disney will be a stock to own for years to come. Despite the market's highs, it is a buy.
As it prepares to unveil its quarterly earnings report after the bell Wednesday, Disney must find new ways to keep investors excited about the entertainment giant's stock.
Here's why analysts think Disney still has plenty of room to run.
However, soft guidance from Netflix and so-so earnings from IBM are keeping positive sentiment contained.