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FANG FUBARer - NFLX Tumbles Near Black Monday's Flash-Crash Lows
One of the founder members of the so-called FANG stocks has now fallen 7 straight days and is resting Black Monday's flash-crash lows in today's session. With the media darling breaking back below its 100-day moving-average, technical pressure continues to weigh on the share price,. as it is almost down 30% from its record highs...
Not pretty...
Breaking its 100DMA...
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Until you said something.
FANG - The money will roll right in?
https://www.youtube.com/watch?v=JNmx1r0Cx8M
FUck Netflix too along with the Weather Channel and ESPN
With Netflix, at least you can chose what to watch....and not watch.
Not true for ESPN and Weather Channel. They shove their politically correct agenda down your throat.
My TV will last forever since it rarely ever gets turned on......
And CNN ... and Fox ... and NBC ...
TV has become a liberal cesspool of political correctness and trans-jennerism.
Just like the nation; it is a lack of moral values and who is teaching the next generation; not the parents and if they were, what would they teach them?
Ehh, I like the netflix streaming service. Its got a ton of stuff on there for kids. I find value for my 8.99 a month.
Just because its "drawn" instead of filmed, doesn't mean its good for kids. just sayin'.
Brokeback.
The Netflix news makes me smile, just because some jackass I work with was so giddy with the 'deal' he got post flash crash.
He bought it 99, was bragging about the few hundred bucks he made when it was back at 110.
Worse than that, if this is the best marketwide squeeze they can get out of an upside trendline break, longs are seriously screwed. Waves of selling hitting every new attempt to squeeze.
Isn't that the 'not-so-smart' money selling off their shares to the 'dumbfuck sheep' money at the highs and getting out while they still can?
The Unraveling continues...
All commodity indexes are down (Energy, Livestock, Softs, Grains, Metals):
GSCI (GSG)
PSDB (DBC)
Rogers (RJI)
UBS CMCI (UCI)
DJ-UBS (DJP)
CCI (GCC)
So you are saying the Dow will be up yet another 600 points then? That is of course using todays's "market" logic.
Netflix is complete bollocks. Their UK library is absolute shite. Now that Amazon prime has Android player (nice side effect of the demise of FUBAR Kindle Fire) Netflix will have soon 1 subscriber less.
"More than three million British households subscribe to Netflix - twice as many as a year ago - according to the latest estimates."
Daily Telegraph August 2015
Sorry, but what does FANG stand for?
http://www.thestreet.com/story/13230576/1/what-are-fang-stocks-and-why-d...
Cramer's witty acronym for Facefuck, Scamazon Netfux, and Joogle, that was the all clear to short the market.
I bet a momo chaser that it would never get back to the old highs, that was about $15 ago... he was incredulous that I would make that bet.
Cognitive Dissonance is a Bitch.
If it helps, I upgraded to the $11.99 per month option so I could watch 4K streams. If you haven't seen Hitch, Patriot, and of course, My Best Friend's Wedding in 4K you just haven't lived.
God help you to really live.
go long
Can you get the netflix movies on VHS or only on DVD? I just cancelled my cable last month on account of all the transexual girly men on every station but I still like to watch MASH re-runs and whatnot. How does the netflix work? I use the internet at the library but if the price is OK I might get it at home I think I still have a free month of AOL CD-ROM laying around somewhere.
Last I heard, they were still on Betamax tapes. But on the bright side, your dial-up AOL connection maxes out at 56kbps so you can stream Netflix SD programming at one frame per second -- kind of like an old-school slideshow effect. Enjoy it while it lasts.
Somoni won FANG som real dong?