Netflix is reporting earnings today at 3pm EST, I don't have a view on whether or not they beat or miss their projections but one thing I do know is that today will be a signal for how large tech names will trend over the next 1-3 months. As you can see on the chart Netflix has broken out to the upside over the past month and if they beat earnings even by a small...
Although the overall Macro picture is looking gloom with decelerating growth and inflation YoY, the SPX is continuing to threaten the ATH resistance price levels and has broken out the upside (at least for the short term). It will interesting to see how the upcoming Earnings Season guides the market with big names like Netflix reporting.
With growth and inflation decelerating (Quad4) and our leading indicators slowing as well that means we want to be long REITs and Real Estate related assets. Within the Real Estate sector Leasing & Financing industry was reporting expansion via ISM data. Northern Maple Capital is entering a long position in $AAN (Aaron's, Inc.).
$AAN has broken through all the...
Thesis: With growth and inflation decelerating (Quad4) and our leading indicators slowing as well that means we want to be short Industrials. Within the Industrials sector the Rubber & Plastics industry was reporting contraction via ISM data. After screening for P/E and style factors like High Beta coupled with a strong long term price trend we added $MYE to our...
