We recently saw a relative-value arbitrage between NFLX and AAPL. The Market capital gained by NFLX is almost proportional to the market capital lost by AAPL (i.e after Mr. Cook commented on the iPhone sales). Which FANG do you think will get pumped if NFLX dumps after it reports?
My guess: GOOGL or AMZN. AMZN's chart looks bearish. On the other hand, GOOGL's chart looks interestingly bullish.
AAPL's money will keep on rotating until spy hits 262, 264 or 274
-Pravo
My guess: GOOGL or AMZN. AMZN's chart looks bearish. On the other hand, GOOGL's chart looks interestingly bullish.
AAPL's money will keep on rotating until spy hits 262, 264 or 274
-Pravo
