NFLX just depends too much on that subscriber count as an indicator. They add users and increase price, number go up. Lose users and number go down.
It’s imho erroneously grouped with a company like MSFT which provides the tools and platforms for the future of many companies. If you think technology will be more pervasive in life and business, you would buy MSFT.
NFLX is just one of hundreds, perhaps thousands of companies, that have prospered in spite of ignoring fundamental financial metrics. Several years of the “financial miracle” wiped out in hours. I suspect more to come from the most popular investments of this era.
yeah maybe.
interesting note that today tech funds are positive despite NFLX. VGT and RYT anyway. Netflix just not a market leading stock. It's doing its own thing.
Except ARKK. Of course ARKK is down big. I suspect she owns NFLX.
I would say that if one of the ten stocks that make up a third of the SP500 blows up....well that would be a massive problem. If I had more courage I'd go to an equal weighted SP500 approach to skirt that risk.
Just daily bets which means little to the larger point. Borrowing at low rates, stock buybacks, booking stock based compensation as non-gaap, booking assets on balance sheets at excessive levels….various other sins indicative of a speculative mania.
The Fed and politicians created the set-up. Let’s see how skilled or unskilled they really are. I believe the later.
inbound containers at Long Beach up 5.3% year to date
which is ginormous number at such a busy port
shipping costs apparently down 28%
sounds to me that the story over the summer will be a broad retreat of inflation.
And I'll always be stunned by the number of 18 wheelers on US interstates moving our stuff. I don't know if it is up or down but it's just awe-inspiring. And I really hope we can electrify that traffic really really soon.
inbound containers at Long Beach up 5.3% year to date
which is ginormous number at such a busy port
shipping costs apparently down 28%
sounds to me that the story over the summer will be a broad retreat of inflation.
And I'll always be stunned by the number of 18 wheelers on US interstates moving our stuff. I don't know if it is up or down but it's just awe-inspiring. And I really hope we can electrify that traffic really really soon.
We were promised by Joe Biden a year ago of a broad retreat of inflation. That never happened. I just went to the Vitamin Shoppe to buy protein power. Inflation is up 8.5% over the last year. My protein power was up 40 to 45% in 9 months.
inbound containers at Long Beach up 5.3% year to date
which is ginormous number at such a busy port
shipping costs apparently down 28%
sounds to me that the story over the summer will be a broad retreat of inflation.
And I'll always be stunned by the number of 18 wheelers on US interstates moving our stuff. I don't know if it is up or down but it's just awe-inspiring. And I really hope we can electrify that traffic really really soon.
We were promised by Joe Biden a year ago of a broad retreat of inflation. That never happened. I just went to the Vitamin Shoppe to buy protein power. Inflation is up 8.5% over the last year. My protein power was up 40 to 45% in 9 months.
and when inflation does fall back you will never ever give Biden any credit for it so what's the point?
inbound containers at Long Beach up 5.3% year to date
which is ginormous number at such a busy port
shipping costs apparently down 28%
sounds to me that the story over the summer will be a broad retreat of inflation.
And I'll always be stunned by the number of 18 wheelers on US interstates moving our stuff. I don't know if it is up or down but it's just awe-inspiring. And I really hope we can electrify that traffic really really soon.
We were promised by Joe Biden a year ago of a broad retreat of inflation. That never happened. I just went to the Vitamin Shoppe to buy protein power. Inflation is up 8.5% over the last year. My protein power was up 40 to 45% in 9 months.
A couple of points, rising wages, along with materials and the cost of financing; I find it hard to imagine inflation significantly coming down over the next year.
We were promised by Joe Biden a year ago of a broad retreat of inflation. That never happened. I just went to the Vitamin Shoppe to buy protein power. Inflation is up 8.5% over the last year. My protein power was up 40 to 45% in 9 months.
and when inflation does fall back you will never ever give Biden any credit for it so what's the point?
Why should he get ANY credit if the inflation goes back down. When Biden was sworn in as president inflation was around 1.7%. If it goes back to 6% should I give him credit? Of course not. If it goes back to 4%? Of course not. And if goes back to what it was when he became president (Very highly unlikely - he did infuse the economy with Trillions of $ of free money) should I give him credit? Of course not..
We were promised by Joe Biden a year ago of a broad retreat of inflation. That never happened. I just went to the Vitamin Shoppe to buy protein power. Inflation is up 8.5% over the last year. My protein power was up 40 to 45% in 9 months.
and when inflation does fall back you will never ever give Biden any credit for it so what's the point?
So you predict inflation will fall back and then predict people will not credit Biden for this when it happens.
and when inflation does fall back you will never ever give Biden any credit for it so what's the point?
Why should he get ANY credit if the inflation goes back down. When Biden was sworn in as president inflation was around 1.7%. If it goes back to 6% should I give him credit? Of course not. If it goes back to 4%? Of course not. And if goes back to what it was when he became president (Very highly unlikely - he did infuse the economy with Trillions of $ of free money) should I give him credit? Of course not..
well sure and why should we give Trump any cover for causing millions of lost jobs and the most catastrophic economic quarter in US history? No cover given. Totally trumps' fault and that's that.
REITS up 5% since Monday lows. now down just 2% year to date
maybe something specific is going on but maybe REITS are seeing the end of the ever-higher march of interest rates.
Foolish investors not calculating future interest hurdle rates, or vacancy rates. Just looking at yield, as if that is any cushion.
the REIT world is interesting...office space is just one little piece of it. warehouses and healthcare are going gangbusters, and other sectors also doing well. People think REITS are just offices but that's not it at all.
NFLX just depends too much on that subscriber count as an indicator. They add users and increase price, number go up. Lose users and number go down.
It’s imho erroneously grouped with a company like MSFT which provides the tools and platforms for the future of many companies. If you think technology will be more pervasive in life and business, you would buy MSFT.
Depends too much on that subscriber count??? That's literally the only thing it's worth lol.
It's basically just a production studio, but it's valued as a tech company.
Netflix closed at $226 today. 5 months ago it was at $700. What a drop. You have to wonder if it would be a good buy now. It has a 1Yr. target Est. of $493.