Netflix is presented as a very bearish situation, being negative across short-term, intermediate-term, and long-term outlooks.
Source Post
US Stock Market - S&P 500 SPY & Bond Market | Price Projections & Cycle Timing
The creator discusses the current state of the US stock market, focusing on the Russell 2000's leadership and valuation concerns. He analyzes the bond market (TLT) for potential upside and then shifts to the S&P 500 (SPY), projecting a potential downturn in February and March due to aligning negative cycles. He also introduces a ranking system to identify stocks for potential downside opportunities, highlighting several overbought energy stocks and oversold tech stocks like CRM and Microsoft.
Linked Mentions
Tickers discussed in this post
Amazon is listed as bearish on the short-term, indicating negative momentum and a declining phase.
Microsoft is noted as bearish with a neutral Option Bias Indicator (OBI), suggesting it still carries risk and did not reach oversold levels.
Salesforce (CRM) is identified as extremely oversold and a potential candidate for a short-term bounce, though overall conditions remain negative.
Chevron is identified as an 'extreme overbought' stock (P1) by the ranking system, suggesting potential short-term reversals to the downside.
The creator sees a bullish case for TLT, indicating that the bond market bottom is likely in and expecting a strong rally for many weeks to come.