NETFLIX: end of fiesta

NETFLIX: end of fiesta


Netflix stock reached $570 a week ago. That’s the all-time high – challenged again. Failing to step over it, the stock price bounced downwards to eventually come to $523. That means, it erased all October gains and seems likely to dive lower. The most recent episode was losing $10 of value from $533 to $523 yesterday. Why?



Expectations were not met. Profits resulted lower than expected, new subscribers are coming slower than expected, everything, in general, proved to be duller than expected. It may be nothing specific to Netflix though: after the crushing experience of the first wave, the companies that were either resilient enough or benefited from the virus showed extraordinary results in Q2 against fearful projections. So investors extrapolated this performance into Q3 expecting similarly outstanding results. Which did not happen. So it is not the objective failure of Netflix to expand its business as much as the disillusionment of the market. That doesn’t mean Netflix has no problems though: it is trying to invent new ways of acquiring customers such as offering a free trial for a week for an entire country. Just as an option. In any case, be careful with this stock: it may go further downwards. Otherwise, there is plenty of room for bulls to take over: a 10% back up to the all-time resistance would be a nice gain.

Don't know how to trade stocks? Here are some simple steps.

  1. First of all, be sure you’ve downloaded Metatrader 5.FBS allows you to trade stocks only through this software.
  2. Open the MT5 account in your personal area.
  3. Reveal all trading instruments by clicking “show all” at the “Market Watch” window.
  4. Start trading!

                                                                                                    LOG IN


Apple event surprised traders
Apple event surprised traders

Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.

Latest news

Fed’s Rate Pause and UK Inflation Slows
Fed’s Rate Pause and UK Inflation Slows

Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera