The markets can crash as early as october 17. If that happens, we will see 16 states disappear from USA. Yes, I said disappear. And Florida is one of them. What we see now is the most dangerous time in the captial history. But don`t lose your focus! Search for the winners. Where is the bullish stocks?
As I told you september 26, Facebook was a hot stock. I showed you how this stock has doubled since june this year. Now, I want to show you another stock that has been doing it great.
Netflix is a great stock. Up 1,9% yesterday. 49,3% last three months, and amazingly 485,8% last twelve months. What a nice shiny bull! Who said you can`t earn money in the stock market? In addition; the stocks I am talking about now is blue chips. Pretty good stocks!
But what now? Will the journet for Netflix continue to rise up to the blue sky? Netflix have competitors, and the biggest competitor is probably Amazon. In june this year they doubled their streaming library from 2012. Now they have over 40.000 streaming titles.
Other competitors are Dish network`s, Blockbuster, Hulu, Redbox with Verizone, and now Target which is panning to get on the market. No doubt; Netflix has the strongest brand image, but the competitors intention cannot be ignored.
Netflix`s subscriber base is better, the quality is better and that in mind, Netflix has an advantage over the competiotors. Netflix is trying to expand in Europe with it`s streaming service. Amazon can leverage its deal with Viacom in Europe and they are placing greater emphasis on kids focused programming wich is the most watched TV genre.
Most of the people don`t care about the shutdown, but what if you shutdown Netflix? Wow. People would act like crazy. If the shutdown goes on in weeks and months, the growth in the USA will decline. That is not good for the companies and Netflix. GDP will also decline.
Watch out for these news today: Unemployment Claims & Final GDP at 8:30am, and ISM Non-Manufacturing PMI. I`m adding the chart for Netflix as you can see below. This is what I call an awesome shine bull!
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