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A Market View From Happy Hour – Raise Those Stops

By Joe Benjamin
June 1, 6:54 PM
If you've been taking part in this wild AI rally, then you're likely doing very well and believe there's more upside to come, or you would hope. This market can continue to extend well into being overbought as it did in early February 2023 before reversing and making new 2023 lows in the process.

SPY

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From Couches To Trading Floors: Dissecting The Impact Of Netflix’s Password-Sharing Crackdown On Its Stock Price

By Zaheer Anwari
June 1, 10:58 AM
In response to declining subscription rates, Netflix is combating password sharing, a practice used by nearly half of its global user base. Savvy users have bypassed this restriction using a VPN app called Meshnet, allowing multiple users to share a single IP address. Since the password-sharing crackdown, Netflix's stock price has surged over 11%.

NFLX