In the past, we have been negative on Netflix. Now our thesis has changed — there is a distinct possibility that NFLX may become the first widely accepted source of streaming movies. If this comes true, expect a massive short squeeze and a double .
Buy right here around $101.
… Please click here or the title below to read more.As per the prior post, we are short on $WLT from $73.75. Our thesis to stay short is intact and longer term. However, in keeping with the discipline imposed by the ZYX Change Method, we will take a very large profit in a very short time right here around $69.50.
We will short sell again on spikes up based on technicals
… Please click here or the title below to read more.We will maintain a small short position here after taking significant profits and add to the short position based on technicals if the stock bounces.
… Please click here or the title below to read more.
Image by Getty Images via @daylifeThermal coal prices at the port have fallen by 1.3% according to the global COAL NEWC Index, to US$95.05/st in the week ended July 23. This is one of the largest weekly drops we have seen. US coal and steel stocks have stayed levitated based on bullish China sentiment. We will consider scaling in short positions right now in premarket in X ( prior to earnings release this morning) and WLT. We will also short PCX if the stock moves up on earnings
