Blackstone was upgraded this morning by WellsFargo to $60 price target with Outperform rating. This will probably get a nice bid today but I'd be cautious holding past this week IMO.
Blackstone had huge insider selling on the 25th and is in a newly defined downtrend, plus it is overvalued.
Blackstone Holdings III L.P. 10% Owner Sep 20 Sale 32.75 $9,129,966 299,006,387 0 Sep 23 06:34 PM
Solotar Joan SMD, Head of Global PWS Sep 13 Sale 53.83 25,000 $1,345,750 235,803 Sep 13 06:57...
Nothing to be excited about with this rally. Same old empty promises by the administration, buy puts on the way up today and wait for the reversal tomorrow/end of week in my opinion.
Disclaimer: I take no responsibility for your losses. Trade at your own risk.
Sell off into the close, possible failure to break out above the 50day? Let's watch into the close, but I favor the bearish thesis. Good luck.
Algos on fumes. Moved based on TLT today.
After yesterday's Disney release we found out that ESPN+,Disney+, and Hulu are all being packaged together for only $12.99. We're probably going to see NFLX go down from here to the $270 level in my opinion. Trade at your own risk. Goodluck. NFLXhttps://www.tradingview.com/x/CVVCXKzr/