What Broke The NYSE?
MRKT Matrix
00:00
Is Netflix Breaking the Uptrend?
In the spring of last year, we talked about how for the first time in the history of the stock being a publicly traded company, it was trading at a valuation and it only was cheap to itself. We said it's setting up as a value investment, a value trade. Now we've overshot to the upside. I think people are getting a tag to euphoric here. It's not saying that Netflix is broken by any stretch of imagination. But this is a trading show. And I think the trade to the upside is over.
Transcript
Play full episode
