Just finished listening to the #Netflix earnings call today. It seems that this platform business model has plenty of international upside as they move towards penetrating the Indian consumer entertainment market.
As of right now we're seeing the stock gap up massively back to all time highs which is signaling to me more upside to come.
It's interesting how the markets behave with this current volatility event we're going through. But! Regardless of market conditions, i have to remain discipline and practice great trading/investing habits.
Some competitors that came to mind and on the call are:
- Disney entering the business
- AT&T with HBO
- Amazon with Amazon Originals
- Google's premium YouTube
- Twitch game streaming (yes, this is considered competition because you're competing for the consumer's screen time)
As of right now we're seeing the stock gap up massively back to all time highs which is signaling to me more upside to come.
It's interesting how the markets behave with this current volatility event we're going through. But! Regardless of market conditions, i have to remain discipline and practice great trading/investing habits.
Some competitors that came to mind and on the call are:
- Disney entering the business
- AT&T with HBO
- Amazon with Amazon Originals
- Google's premium YouTube
- Twitch game streaming (yes, this is considered competition because you're competing for the consumer's screen time)
Trade closed: stop reached:
Market conditions making it tough for stocks to continue its momentum. Both $NFLX and $LRCX are retracing the earnings gap which is not good to see.