It appears that we are surviving the NFLX post earning shock.

NFLX reported good earnings, but its next quarter forecast spooked investors and the shares went down 9% yesterday.  The share prices are stable today, a good sign.  With our fingers crossed, hope NFLX shares won’t continue its descent to below 220.  It’s exciting but a bit nerve racking as well.  It’s just our human nature to constantly seek excitement.

About admin

Richard Cheng, M.D., Ph.D., is an avid Wall Street investor with 20+ years of investing experience. He is specially adept at observing the world to find the patterns and then design strategies to win his battle. Most, if not all, happenings in the world, follow certain patterns. These patterns may be complex, multi-factorial, not so intuitive at the first glance, or even may appear chaotic. However, even chaos has its own patterns. If you pay attention and be patient, you'll find them and then you will gain an upper hand in your battle. Using this blog space, he documents his trades and his thoughts as they happen. He uses this blog as a a notebook to help him better refine his strategies. Hopefully this will help you as well. Good luck in your trading.
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