lundi 11 juillet 2022

Borsa di Milano in ribasso sotto il supporto di 21750

L'indice FTSE MIB ha aperto subito in forte ribasso sotto 21500 riprendendosi leggermente , seguendo i suoi omologhi europei, mentre gli operatori

jeudi 7 juillet 2022

Netflix: Way More Room to Drop

 

"Doubled eleven times in 19 years ... then cut in half twice"

By Elliott Wave International

The glory days of at least one of the FAANG stocks appear to be all but over -- at least for now.

As revenue shrinks at Netflix, more heads have rolled at the subscription-based streaming service of movies and television shows.

A June 23 Variety headline says:

Netflix Begins Second Round of Layoffs, 300 Positions Cut

About a month ago, around 150 employees were let go.

The layoffs are also occurring amid a deflation in the company's stock price.

The May Elliott Wave Theorist, a monthly publication which offers analysis of financial markets and cultural trends, provided this chart and eye-opening perspective:

Netflix is down 70% from its high. Many people think it can't go lower. Is this an indication

Here's Why IPOs Will Likely Dwindle to Near Zero

 

"The IPO market is fizzling"

By Elliott Wave International

Financial activity is usually abuzz during times of financial optimism, such as the issuance of initial public offerings (IPOs).

An IPO means that a company is transitioning from private to public ownership. The process involves selling shares to the public for the first time.

As recently as 2021, a Dec. 2 Nasdaq.com headline said:

A Record Year for IPOs

The attached article mentioned that close to a thousand companies had gone public last year, handily surpassing the record set in the 1990s.

As you know, the S&P 500 index was still climbing throughout 2021.

However, history shows that when the ebullient psychology which drives stock prices higher wanes, so does the IPO market.

Indeed, at the onset of the worst part of the 2007-2009 bear market, the May 2008 Elliott Wave Financial Forecast, a monthly publication which provides analysis of major U.S. financial markets, said:

IPOs are being cancelled at a record rate as "concerns about a recession sapped demand for new shares."

Of course, the "Great Recession" of about 15 years ago turned out to be the worst economic downturn since the Great Depression of the early 1930s.

Speaking of which, you may be interested in seeing a chart from Bradstreet's Weekly when the business digest was doing a 1932 year in review (data is through mid-1932). A classic Elliott Wave Theorist, a monthly publication which provides analysis of financial markets and cultural trends, re-published the chart and said:

Wall Street was in manic mode in 1929, giving the public what it wanted: more stock. By late 1931, new issues had reached nearly zero.

Borsa Milano in recupero sopra 21250

L'indice FTSE MIB è salito sopra  quota 21.250, estendendo il rimbalzo di ieri con il sostegno delle

mercredi 6 juillet 2022

FTSE MIB rimbalza dai minimi sopra 20900

 L'indice FTSE MIB è salito di oltre l'1% e si è attestato sopra la soglia dei 20.900 , rimbalzando dai