| There's an adage that you're only as good as your last performance, which is a way of saying that your past results don't matter when it comes to what's happening now. That's especially true for investing. It doesn't matter if a company beat estimates, launched new products, and brought in a boatload of subscribers in previous quarters. What does matter is what the company has to say to its shareholders on its current earnings call. That brings me to Netflix (NFLX). A company that has often beaten expectations. But again. You can't rely on past victories. With LikeFolio consumer data pointing bearish for the streamer, we recommended something we like to call a "Coin Flip Bearish" trade to our Earnings Season Pass subscribers. (Want in on the next round of profits? Click here to learn how to join and get earnings trades delivered straight to your inbox.) Netflix Purchase Intent mentions for the quarter were way down, signaling a significant demand slowdown that was ultimately reflected in an underwhelming second-quarter earnings report. Among other disappointments, Wall Street was expecting $8.30 billion in revenue. It got $8.19 billion. A 69% win on Netflix (NFLX) in just four days was the result from our intel through a "Coin Flip" trade. A "Coin Flip" trade is basically just an options spread: You can play it bearish like we did to make money if the stock goes down, or the other way around if you're playing it bullish. But options trading is just one of many ways you can make money during earnings season. Another – much simpler – one we love to use? Buy a stock on Monday that's set to pop on earnings, sell the stock on Friday for a profit. Let me show you how it works so you can make the most of this earnings season... Click here to continue reading Until next time, | 
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