FAANGS are dead stocks, they are going into a dull phase, especially Netflix...
With Inflation staying high for the next 3 years meaning now QE, no rate cut, no easing of conditions we can see Netflix going sideways.
It's still in a secular bull market because of the way we consume media means we can never go back to cable TV! Everything has to be on-demand we all grew up with Netflix, and nothing has surpassed that experience.
Wont see new highs for maybe 3-5 years....
With Inflation staying high for the next 3 years meaning now QE, no rate cut, no easing of conditions we can see Netflix going sideways.
It's still in a secular bull market because of the way we consume media means we can never go back to cable TV! Everything has to be on-demand we all grew up with Netflix, and nothing has surpassed that experience.
Wont see new highs for maybe 3-5 years....
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Discord trading community
discord.gg/yTuNJt2p78
Trading Ideas and Blogs
medium.com/@macro-traders-strategies
discord.gg/yTuNJt2p78
Trading Ideas and Blogs
medium.com/@macro-traders-strategies
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.