trader Jon Najarian said on Wednesday he's joined Greenlight Capital founder David Einhorn in a bet against Netflix. In explaining his "big" short, Najarian said the video streamer's stock is so expensive that it can't afford to disappoint Wall Street's subscriber expectations like it did on Tuesday. Netflix fell short of subscriber addition estimates in the U.S.
"But data flow, Governing Council member comments and the prospect of some information about the strategy review have increased the risk of a hawkish undertone. The last set of policy minutes from the December meeting already point that way." European Central Bank President Christine Lagarde is expected to lay out details of a sweeping ECB strategy review. "It could be controversial, but not at this meeting…The market is focused on inflation and the inflation target.
Great for the rich people. Meanwhile, whenever I'm at the grocery store, all I see is people spending more money for less. I see everyone I know working harder but not making more money, struggling to pay bills. But 'yay! millionaires getting richer'. Wait until the crash.
Which proves it is a rigged market. There is no other reason for it.
Gamblers going to gamble and the rest of us will pay when they take it to far
MEGA TRILLIONS ON THE WAY
No surprise
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Source: CNBC - 🏆 12. / 72 Read more »