Amazon (AMZN) Stock On Rise & Netflix (NFLX) Subscribers Could Pleasantly Surprise

People don't feel like they are in bad shape, and they don't look like they're in bad shapes, notes Michael Pachter. He discusses Amazon (AMZN) and Netflix (NFLX). He talks about how AMZN is happy to shift sales to third parties and take less risk themselves. He highlights that AMZN's stock could go up a lot over the next two quarters. He then goes over Netflix (NFLX). He mentions how he thinks we will be pleasantly surprised subscriber growth. He also compares to HBO and Disney (DIS) saying that NFLX's is doing everything right while other streaming stocks self-inflict wounds. Tom White then joins to demonstrates example trades using AMZN and NFLX. The AMZN trade is a call butterfly and the direction is bullish and the NFLX trade us a put vertical and the direction is neutral to bullish. Tune in to find out more about the stock market today.

Morning Trade Live

21 Aug 2023

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