Just saw the message on my screen that says they are increasing to 13.99/month. Im not even mad. Still worth it.
that is a nice move off the recent lows! $380ish looking plausible, which would coincide with daily TL resist. and the spike high from the previous ER.
Netflix Will Beat Expectations for Subscriber Growth Again, Analyst Predicts Netflix will likely post better-than-expected subscriber growth for its March quarter, according to Piper Jaffray. The streaming giant is slated to report its financial results on Tuesday, April 16 after the market close. https://www.barrons.com/articles/netflix-subscriber-growth-51554995254?mod=bol-social-tw
Netflix Buffers Ahead of Disney Streaming Event After surging off the December lows, Netflix (NFLX) has done its best impression of a show buffering with a slow internet connection - the stock has gone nowhere. The chart below is from our new and improved Chart Scanner tool, and as shown in the highlighted area, the stock has been trading in an extremely tight range relative to its normal trading pattern. Maybe the stock is just consolidating after its big move, or perhaps investors have been taking a wait and see approach ahead of Apple's streaming announcement late last month and Disney's (DIS) Investor Day on Thursday (4/11) where the company is slated to unveil its streaming plans. Whatever the cause of the pause, Netflix's range over the last 50-trading days is near historic lows. With a high/low range (based on closing prices) of 11.3%, the stock's trading range over the last 50 trading days is just one-quarter of its historical average and narrower than every other period in the stock's history except two. Those two periods where the stock traded in a narrower range were in early and late 2017 when the 50-day range briefly dropped below 10%. In the chart below, we show where those two prior periods occurred with respect to Netflix's stock price since the start of 2016. For what it's worth, in both periods where the stock finally moved out of that narrow range, the move was to the upside.
Reduced volatility is indeed generally an indication of a re-accumulation trading range as opposed to a distribution trading range. In re-accumulation the public is less involved, whereas during distribution the stock is being "distributed" to the public and thus the volatility increases as they are a jittery bunch, sensitive to news and all sorts of impulses.
Im sad to see Star Wars - The Clone Wars leave Netflix. My kid watched that series at least five times from beginning to end. But for $7/month on Disney+ its not too bad. We are obviously keeping Netflix, but it sucks we now need two streaming services.
everybody ready for ER? here's the whispers courtesy of EW. also, is it just me or does anyone also feel like the official kick off to the earnings season isn't until NFLX reports?
