Thursday, January 20, 2022

Investor, This Time is Actually Different: Big Selling and News in NFLX, PTON, and More

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Free TheoNight Report - for Thursday, January 20, 2022 by Corey Rosenbloom - This Time is Actually Different: Big Selling and News in NFLX, PTON, and More

 

It's tough to know where to start discussing today's market action where the equity futures reversed near 4% from the high of day to the closing low, making "this time it's different" with broken trend and support levels on the daily chart. Beyond that, we have a large bearish sell-off after-hours in Netflix (NFLX) on earnings and a major bearish headline taking Peloton (PTON) to fresh new lows. This and more in tonight's TheoTrade evening video update…

 

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