Despite 14 Year Highs, Bond Yields Have a Long Way to Rise – Ep 849
The Peter Schiff Show Podcast
00:00
Stocks - Netflix and Tesla Beat on Profits and Earnings
Netflix reported better than expected earnings the stock rose 13% today that's a big day but you have to keep today's rally in perspective because the stock is still down 60% from its high. Tesla beat on profits it missed on revenue and when you have a stock as expensive as Tesla you can't miss on anything so I think this is bad news even though the profits were better than expected they need a bigger beat.Tesla is trading down after hours it's down about 5% on the day now it's still not at a new 52 week low but it's pretty close I think the stock has a long way to fall and this is part of the bubble popping Tesla was one of the
Transcript
Play full episode
