Hi guys, a view on Disney. Content distribution is clearly the issue, however, I think that will soon be addressed. Lots of hype around Netflix passing out Disney in market cap but I think the upside is very much intact for Disney and the trend should reassert soon.
I quickly look at the risk potential going into tomorrow markets. I am 98% Cash with a small position in CVX calls. I am also not trading tomorrow. I see lots of potential downside risk.