Netflix: worse than anticipated. In early morning trading down almost 40%; lost $130 / share; trading at $220. The 52-week high was $701. Oh, oh. This suggests investors feel there is a problem that is not necessarily transitory.
Anticipation: Legacy Fund deposits should be reported today or tomorrow. Link here.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
Market:
- strangest market I've ever seen;
- the only "market correelation" is an "inverse relationship" indicator:
- the lower the president polls, the higher the market goes
- needs to be fact-checked
Pre-market:
- all major indices green
- AAPL: up 1%
- SRE: flat to up slightly
- ENB: up 0.4%:
- EPD: up 026%
- CVX: up 0.45%
- MNRL: up 3.25%
- DVN: up 1.35%
- BRK-B: up 0.43%
- UNP: flat to slightly negative
- NFLX: down an astonishing 28%; could open at 250, losing 100 points on open
- 52-week high: an astounding: $701
- reminds me of Samuel Adams (BEER) from which it has never recovered
- "Streaming Wars" update here.
My favorite chart, money market fund monitor, link here:
MPC: switching from Russian oil to Ecuador --
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The Book Page
Illustrating J. R. R. Tolkien's The Lord of the Rings. Link here.
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