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Strategies & Market Trends : John Pitera's Market Laboratory

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Blasher
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roguedolphin
To: The Ox who wrote (17987)3/21/2016 12:45:52 PM
From: John Pitera3 Recommendations  Read Replies (2) of 33421
 
AAPL 10 year chart still in uptrend but stochastics and RSI action feels like a bear market rally



NFLX has a horrible chart pattern and the fundamental story is horrible with 50 competitors emerging and the entire content distribution model undergoing a complex game change... from the skinny bundle to HULU selling commercial free TV and developing movies, Amazon prime developing great content, HBO can be purchased ala carte

NFLX is a horrible stock to hold for the long term... I'd much rather be short it.



John
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