Our trading models produce several long and short ideas each week.
Today, I share an interesting trade regarding two big names: Netflix (NFLX) and Disney (DIS).
One of our models produced a buy signal on NFLX and our complementary research supports that signal.
Upside trading momentum is picking up and crossing higher as well (another bullish indicator).
Again, this is a “trading” signal so it’s short-term in nature and needs to be managed with a plan and stops.
I believe Disney (DIS) would be a good hedge for long/short Portfolio Managers.
Our models and analysis show DIS scoring poorly relative to NFLX.
The author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.